Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-01 23:13Sales Performance - In November 2025, the company sold 57,309 vehicles overseas, bringing the total sales from January to November to 448,648 vehicles [3] - The company sold 40,113 new energy vehicles in November 2025, with a cumulative total of 364,731 new energy vehicles sold from January to November [4] Convertible Bond Conversion - From November 1 to November 30, 2025, no convertible bonds were converted into company shares, with a total conversion amount of 0 yuan and 0 shares converted [7] - Since the start of the conversion period on December 17, 2021, a total of 4,944,000 yuan of convertible bonds have been converted into 129,652 shares, representing 0.0014% of the total shares issued before conversion [10] - As of November 30, 2025, the amount of unconverted convertible bonds stands at 3,495,055,000 yuan, accounting for 99.8587% of the total issuance [10] Stock Option Incentive Plan - The first exercise period of the 2023 stock option incentive plan allows for 18,948,783 shares to be exercised, with no shares exercised in November 2025, representing 0% of the total options available for this period [7] - The exercise price for the stock options is set at 26.47 yuan per share [21] - As of November 30, 2025, only 2 out of 1,036 eligible participants exercised their options, resulting in a total of 31 shares registered and 834.07 yuan raised for working capital [23]