HIRON COLD CHAIN(SH:603187) Xin Lang Cai Jing·2026-01-05 20:49Core Viewpoint - The announcement details the results of the stock option exercise for the third exercise period of the 2021 stock option and restricted stock incentive plan of Qingdao Hairong Commercial Cold Chain Co., Ltd, indicating no shares were exercised during the specified period [2][12]. Group 1: Stock Option Exercise Details - The number of stock options available for exercise in the third period is 64,175, with an exercise window from December 20, 2024, to December 19, 2025 [2][12]. - No shares were exercised or transferred as of December 31, 2025, representing 0.00% of the total options available for this period [2][12]. - The stocks obtained through the exercise will be listed for trading on the second trading day after the exercise date [2][14]. Group 2: Decision-Making Process and Disclosure - The decision-making process for the stock option plan was approved by the board and supervisory board in meetings held on April 22, 2021, with independent directors providing their consent [3][5]. - The company conducted an internal announcement of the incentive recipients from April 26 to May 10, 2021, with no objections received [4]. - The annual shareholders' meeting on May 24, 2021, approved the incentive plan and related matters [4][5]. Group 3: Historical Context and Adjustments - The company has made several adjustments to the incentive plan since its inception, including the approval of stock option grants and the cancellation of certain options in subsequent board meetings [6][8][10]. - As of October 26, 2023, the board approved the conditions for the second exercise period and the lifting of restrictions on the corresponding restricted stocks [8][10]. - The company has consistently fulfilled its disclosure obligations regarding the incentive plan adjustments and stock option exercises [11].