COPTON(SH:603798) Shang Hai Zheng Quan Bao·2025-12-05 20:17Core Viewpoint - The company has adjusted the exercise price of its 2021 stock option incentive plan from 7.94 yuan to 7.83 yuan and has canceled a total of 2,066,818 stock options due to unmet performance targets for 2024 [2][10]. Group 1: Stock Option Adjustment - The exercise price of the stock options has been adjusted to 7.83 yuan per share, down from 7.94 yuan [2][8]. - The adjustment was made following the company's cash dividend distributions of 0.7 yuan and 0.4 yuan per 10 shares, leading to a total adjustment of 0.11 yuan [8][9]. Group 2: Stock Option Cancellation - A total of 2,066,818 stock options have been canceled, which includes 1,744,600 options from 26 incentive recipients and 322,218 options from 33 other recipients [9][10]. - The cancellation was necessitated by the company's failure to meet the performance target of an 80% increase in net profit from 2020 to 2024, with the actual growth reported at -51.19% [9][10]. Group 3: Approval and Compliance - The adjustments and cancellations have been approved by the company's board and comply with relevant laws and regulations, including the Company Law and Securities Law [11][12]. - The independent financial advisor has confirmed that the actions taken do not harm the interests of the company or its shareholders [13].