江西沃格光电集团股份有限公司关于2023年股票期权与限制性股票激励计划2025年第四季度自主行权结果暨股份变动的公告

Core Viewpoint - Jiangxi Woge Optoelectronics Group Co., Ltd. has announced the results of the stock option and restricted stock incentive plan for 2023, detailing the number of options exercised and the changes in share capital due to this plan [2][17]. Group 1: Incentive Plan Details - The second exercise period of the stock option plan allows for 1,029,600 options to be exercised from August 11, 2025, to June 28, 2026, with 19,500 shares exercised in Q4 2025, representing 1.89% of the total options available for that period [2]. - The first exercise period for reserved stock options allows for 255,000 options to be exercised from August 11, 2025, to June 23, 2026, with 72,500 shares exercised in Q4 2025, accounting for 28.43% of the total options available for that period [2]. - Shares obtained through the exercise of options will be tradable on the second trading day after the exercise date [2]. Group 2: Decision-Making Process and Disclosure - The decision-making process for the incentive plan included meetings of the board and supervisory board, with independent opinions provided on the relevant proposals [3][4]. - The plan was approved at the second extraordinary general meeting of shareholders on June 26, 2023, and subsequent disclosures were made regarding insider trading compliance [3]. Group 3: Exercise and Registration - A total of 12 individuals participated in the exercise of the second exercise period options, with one person exercising in Q4 2025 [13]. - For the reserved stock options, three individuals participated, with one exercising in Q4 2025 [13]. - The total number of shares registered for exercise in Q4 2025 was 92,000, with 19,500 from the second exercise period and 72,500 from the reserved options [14]. Group 4: Financial Impact and Fund Usage - The funds raised from the exercise of options amounted to 1,893,360 yuan, which will be used to supplement the company's working capital [17]. - The exercise of options is not expected to have a significant impact on the company's financial status or operating results [18].