杭州纵横通信股份有限公司关于2023年股票期权激励计划2025年第四季度自主行权结果暨股份变动的公告

Core Viewpoint - The announcement details the stock option incentive plan of Hangzhou Zongheng Communication Co., Ltd., highlighting the lack of exercised options in the fourth quarter of 2025 and the minimal participation in the plan overall [2][6][9]. Group 1: Stock Option Exercise Details - The total number of stock options available for exercise in the first exercise period of the initial grant is 940,000, with no shares exercised in Q4 2025, representing 0% of the total [2]. - As of December 31, 2025, only 1 share has been exercised from the initial grant, accounting for 0.0001% of the total options [2]. - The reserved grant portion for the first exercise period has 80,000 options available, with no shares exercised as of the same date [2]. Group 2: Decision-Making Process and Information Disclosure - The company held board meetings on July 28, 2025, and October 28, 2025, to discuss adjustments to the stock option plan, including changes to exercise prices and the cancellation of certain options [3][4]. - Relevant announcements regarding these decisions were published on the Shanghai Stock Exchange website [3]. Group 3: Impact on Financial Reports - The lack of exercised options in the fourth quarter of 2025 means there is no impact on the company's financial status or operating results [9].