Core Points - The company has announced the third exercise period of its 2022 stock option incentive plan, allowing 630 eligible participants to exercise a total of 2,271,000 options at a price of 107.91 yuan per share [2][4][5] - The exercise period is set from November 17, 2025, to October 16, 2026, with specific conditions for exercising the options [3][7] - The company confirms that the exercise of these options will not significantly impact its shareholding structure or listing conditions [12] Summary by Sections Stock Option Plan Details - The stock option plan is referred to as "科达JLC2" with the code 037307 [2][4] - The total number of options available for exercise is 2,271,000, with a set exercise price of 107.91 yuan per share [5] - The options can be exercised autonomously by the eligible participants [3][4] Exercise Conditions - The exercise period is defined as November 17, 2025, to October 16, 2026, with specific trading day restrictions [7][8] - The options are subject to adjustments in case of corporate actions such as dividends or stock splits [5][8] Impact on Company - The exercise of options will not lead to significant changes in the company's shareholding structure or control [12] - The financial impact on the company's earnings per share and return on equity is expected to be minimal, pending audit confirmation [13] - The company uses the Black-Scholes model for option valuation, and the choice of autonomous exercise mode does not affect accounting treatment [13]