BEKEN(SH:603068) Shang Hai Zheng Quan Bao·2026-02-26 18:57Core Viewpoint - The announcement details the results of the first exercise period of the stock option incentive plan for 2023, including the number of shares listed and the conditions met for the exercise of stock options [1][4]. Group 1: Stock Option Incentive Plan - The stock listing type is for equity incentive shares, with a total of 1,362,353 shares available for subscription through offline methods [2][3]. - The first exercise period of the stock option incentive plan was approved by the board on April 28, 2025, confirming that the conditions for the first exercise period have been met [4][5]. - A total of 161 eligible participants were identified, with 1.07% of the company's total share capital available for exercise [6]. Group 2: Exercise Details - As of January 30, 2026, 149 participants exercised their options, resulting in 1,362,353 shares being issued, which is approximately 0.91% of the company's total share capital [6][8]. - The stock for this exercise was sourced from the company's directed issuance of A-share common stock [8]. Group 3: Listing and Lock-up Arrangements - The shares from this exercise will be listed for trading on March 2, 2026 [8]. - Restrictions apply to directors and senior management regarding the transfer of shares during their tenure and for six months post-departure [8][9]. Group 4: Financial Impact - The total funds raised from the exercise amount to approximately RMB 42.67 million, with RMB 1.36 million recorded as paid-in capital and the remainder as capital reserve [9][10]. - The exercise will dilute the earnings per share, but it is not expected to have a significant impact on the company's financial condition or operating results [11].