Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Announcement No.: 2026-059
Luxshare Precision Industry Co., Ltd. Announcement on Adjusting 2025 Stock Option Incentive Plan Exercise Quantity and Cancelling Part of Stock Options
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Luxshare Precision Industry Co., Ltd. (hereinafter referred to as "Luxshare Precision" or the "Company") held its 25th meeting of the 6th Board of Directors on June 22, 2026, and deliberated and approved the "Proposal on Adjusting the Exercise Quantity of the 2025 Stock Option Incentive Plan and Cancelling Part of Stock Options." The relevant matters are hereby announced as follows:
I. Relevant Approval Procedures for the 2025 Stock Option Incentive Plan
- On April 27, 2025, the Company held the 12th meeting of the 6th Board of Directors and deliberated and approved the "Proposal on the <2025 Stock Option Incentive Plan (Draft) and its Summary of Luxshare Precision Industry Co., Ltd.>", the "Proposal on Formulating the <2025 Stock Option Incentive Plan Implementation and Assessment Management Measures of Luxshare Precision Industry Co., Ltd.>", and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.". The relevant proposals had been deliberated and approved by the 3rd meeting of the 6th Board of Directors' Remuneration and Assessment Committee.
On the same day, the Company held the 11th meeting of the 6th Board of Supervisors and deliberated and approved the "Proposal on the <2025 Stock Option Incentive Plan (Draft) and its Summary of Luxshare Precision Industry Co., Ltd.>", the "Proposal on Formulating the <2025 Stock Option Incentive Plan Implementation and Assessment Management Measures of Luxshare Precision Industry Co., Ltd.>", and the "Proposal on Verifying the List of Initial Grantees of the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.". Han Kun Law Offices (Shenzhen) issued the "Legal Opinion on the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd. by Han Kun Law Offices (Shenzhen)".
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From April 28, 2025, to May 7, 2025, the Company publicly disclosed the names and positions of the initial grantees of this incentive plan within the Company. By the end of the公示 period, the Company's Board of Supervisors had not received any objections to the list of initial grantees of this incentive plan. On May 8, 2025, the Company disclosed the "Supervisory Board's Opinion on the List of Initial Grantees of the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.".
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On May 13, 2025, the Company held the second extraordinary general meeting of shareholders in 2025 and deliberated and approved the "Proposal on the <2025 Stock Option Incentive Plan (Draft) and its Summary of Luxshare Precision Industry Co., Ltd.>", the "Proposal on Formulating the <2025 Stock Option Incentive Plan Implementation and Assessment Management Measures of Luxshare Precision Industry Co., Ltd.>", and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.". The implementation of this incentive plan was approved by the shareholders' meeting, and the Board of Directors was authorized to determine the stock option grant date, grant stock options to eligible grantees, and handle all related matters.
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On May 14, 2025, the Company disclosed the "Self-Inspection Report on Insider Information and Grantees' Trading of Company Shares Related to the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.".