FANGBANG CO.,LTD(SH:688020) Shang Hai Zheng Quan Bao·2025-10-13 19:52Core Points - The announcement details the stock option incentive plan of Guangzhou Fangbang Electronics Co., Ltd. for the third quarter of 2025, highlighting the exercise results and share changes [1] Group 1: Stock Option Exercise Details - The first exercise period of the stock option plan allows for 854,000 options, with 625,000 shares exercised by July 10, 2025, representing 73.19% of the available options [2][10] - The second exercise period allows for 640,000 options, with 416,000 shares exercised by September 30, 2025, representing 65.00% of the available options [2][10] - The reserved stock options for the first exercise period allow for 223,500 options, with 100,500 shares exercised by September 30, 2025, representing 44.97% of the available options [3][12] Group 2: Decision-Making and Disclosure Process - The stock option incentive plan was approved by the board on May 27, 2022, and subsequently by the shareholders on June 13, 2022 [5][7] - The plan included independent opinions from the board and supervisory committee, ensuring no harm to the company or shareholders [5][6] Group 3: Stock Listing and Flow - Shares obtained through the exercise will be listed for trading on the second trading day after the exercise date [4][14] - A total of 520,252 shares will be listed as freely tradable shares following the exercise [15] Group 4: Financial Impact and Fund Usage - The exercise resulted in raised funds of 17,494,514.00 yuan, which will be used to supplement the company's working capital [18] - The stock option exercise is not expected to have a significant impact on the company's financial status or operating results [19]