Core Points - The company, 运机集团, announced the completion of the stock option incentive plan registration for 2025 [2] Summary by Categories Stock Option Details - Stock option abbreviation: 运机JLC1 [2] - Stock option code: 037934 [2] - Grant date of stock options: October 22, 2025 [2] - Total number of stock options granted: 4.98 million [2] - Number of individuals granted stock options: 31 [2] - Exercise price of stock options: 17.32 yuan per option [2] - Completion date of stock option registration: November 5, 2025 [2] - Validity period of stock options: 48 months [2] - Phased exercise of stock options: 3 phases [2]