ECOVACS(SH:603486) Shang Hai Zheng Quan Bao·2026-01-19 19:07Group 1 - The core announcement is regarding the restriction on the exercise period of stock options under the 2024 incentive plan for Ecovacs Robotics Co., Ltd. [1][2] - The stock options are currently in the exercise phase, with the first exercise period set from September 20, 2025, to September 19, 2026 [1] - The restriction on the exercise period will be from January 26, 2026, to January 30, 2026, during which all incentive participants will be prohibited from exercising their options [2] Group 2 - The announcement also includes details about the fourth notice regarding the optional redemption of "Kewo Convertible Bonds" [4] - The redemption price is set at 100.26 RMB per bond, including accrued interest and tax [5] - The redemption period is from January 21, 2026, to January 27, 2026, with funds to be disbursed on January 30, 2026 [5][11] Group 3 - Holders of "Kewo Convertible Bonds" who do not exercise their redemption rights during the specified period will lose the right to redeem for the current interest year [6] - The conditional redemption clause is activated if the company's stock price falls below 70% of the conversion price for any consecutive 30 trading days during the last two interest years [6][7] - The calculation for accrued interest for the bonds is based on a face value of 100 RMB, an interest rate of 1.8%, and a specific number of days [9][8] Group 4 - During the redemption period, "Kewo Convertible Bonds" will continue to trade but will not be convertible into stock [12] - If the total face value of the bonds falls below 30 million RMB due to redemptions, the bonds will still continue to trade [12] - The company will announce the results of the redemption and its impact after the redemption period ends [11]