MYSE(SH:601615) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-23 00:58Core Points - The company approved the stock option incentive plan for 2025, granting 20 million stock options to 260 incentive targets on October 22, 2025 [2][7][19] - The exercise price for the stock options is set at 14.03 yuan per share [13][19] - The decision was made during the 25th meeting of the third board of directors, which was legally valid and attended by all 11 directors [1][4] Summary by Sections Meeting Details - The third board of directors' 25th meeting was held on October 22, 2025, with all directors present [1] - The meeting was conducted in accordance with relevant laws and regulations [1] Stock Option Grant - The stock option grant date is October 22, 2025, with a total of 20 million options awarded [7][13] - The grant was approved after the conditions of the 2025 stock option incentive plan were met [2][19] Approval Process - The stock option plan underwent several approval stages, including a prior board meeting and a temporary shareholders' meeting [8][9] - The remuneration and assessment committee verified the eligibility of the incentive targets [19] Conditions for Granting Options - The company and the incentive targets met all conditions required for granting stock options, as outlined in the relevant regulations [10][11][19] - The company has not faced any disqualifying events in the past year that would prevent the granting of options [10][11][12] Financial Impact - The company will account for the stock options as per the relevant accounting standards, impacting financial statements over the option's validity period [21][24] - The fair value of the options was calculated using the Black-Scholes model, with specific parameters outlined [20][21]