GOTION(SZ:002074) Shang Hai Zheng Quan Bao·2025-09-09 20:40Core Viewpoint - The company has announced the implementation of the third exercise period of its 2022 stock option incentive plan, allowing 1,406 eligible participants to exercise a total of 9.42048 million stock options at a price of 18.47 yuan per share, using a self-exercise model [2][19][24]. Summary by Sections Stock Option Plan Details - The stock option plan allows for a total of 9.42048 million options to be exercised, which represents 0.522% of the company's total share capital of 1,805,457,485 shares [2][19]. - The exercise period for this stock option plan is from September 11, 2025, to July 7, 2026 [4][19]. Approval and Implementation Process - The board of directors and the supervisory board have approved the conditions for the third exercise period, confirming that the necessary conditions have been met [5][14]. - The plan has undergone various approval processes, including meetings held on April 27, 2022, and subsequent disclosures regarding the plan's implementation [6][7][8]. Adjustments and Changes - The exercise price for the stock options has been adjusted from 18.57 yuan to 18.47 yuan per share for this third exercise period [13][17]. - The total number of stock options granted initially was 47.75 million, with adjustments made due to various factors, including performance evaluations and participant status [15][16]. Financial Impact - If all options are exercised, the company's net assets will increase by approximately 173.99627 million yuan, with a corresponding increase in capital reserves [24]. - The exercise of these options is not expected to significantly impact earnings per share or return on equity [24]. Compliance and Regulations - The company has established guidelines for the management and use of funds raised from the exercise of stock options, which will be used to supplement working capital [21]. - Participants in the incentive plan are responsible for their personal income tax obligations, which the company will withhold and remit according to tax regulations [22]. Other Considerations - The company will disclose any changes to the incentive plan and the status of stock options in regular reports [26]. - The self-exercise model will not materially affect the pricing and accounting treatment of the stock options [25].