Core Points - The company announced the cancellation of a total of 406,890 stock options from its 2024 stock option incentive plan due to the disqualification of 8 employees who left the company and the failure to meet performance assessment requirements for the first exercise period [1] Summary by Categories Stock Option Cancellation - The company held its 20th meeting of the 3rd Board of Directors on October 29, 2025, where it approved the proposal to cancel part of the stock options from the 2024 incentive plan [1] - A total of 176,660 stock options were canceled for 8 employees who no longer qualify as incentive targets due to their departure from the company [1] - Additionally, 230,230 stock options were canceled for 41 employees who had been granted options but had not exercised them, as the company did not meet the performance assessment requirements for the first exercise period [1] - The cancellation of stock options has been confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited on November 4, 2025 [1]
小熊电器:关于2024年股票期权激励计划部分股票期权注销完成的公告