The company has completed the cancellation of 64,000 stock options following the departure of an incentive plan participant and underperformance in the third exercise period. This decision was approved by the board on April 27, 2026, and aligns with relevant regulations. The cancellation will not significantly impact the company's financial status or the ongoing incentive plan.
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Shenzhen Tuwei Information Systems Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the ninth board of directors on April 27, 2026, where it reviewed and approved the proposal on the cancellation of certain stock options.
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