Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Bond Announcement Number: 2026-058
Luxshare Precision Industry Co., Ltd.
Announcement on the Achievement of Exercise Conditions for the First Exercise Period of the 2025 Stock Option Incentive Plan
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
- The first exercise period of the 2025 stock option incentive plan for the initial grant portion meets the exercise conditions for 2,958 eligible employees. The total number of stock options that can be exercised in the first exercise period is 34,223,628 units, with an exercise price of ¥24.99 per share.
- This exercise adopts the self-service exercise mode.
- If all exercisable stock options are exercised, the company's shares will still meet the listing conditions.
- The exercise of stock options is subject to the completion of procedures at the Shenzhen Branch of China Securities Registration and Settlement Co., Ltd. An announcement will be made separately at that time. Investors are kindly requested to pay attention.
Luxshare Precision Industry Co., Ltd. (hereinafter referred to as "Luxshare Precision" or the "Company") held the 25th meeting of the Sixth Board of Directors on June 22, 2026, and deliberated and approved the "Proposal on the Achievement of Exercise Conditions for the First Exercise Period of the 2025 Stock Option Incentive Plan (Initial Grant)". It was determined that the exercise conditions for the first exercise period of the initial grant portion of the Company's "2025 Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan (Draft)" or the "Incentive Plan") have been met. 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 Sixth Board of Directors, which deliberated and approved the "Proposal on the <Luxshare Precision Industry Co., Ltd. 2025 Stock Option Incentive Plan (Draft) and its Summary>", the "Proposal on Formulating the <Luxshare Precision Industry Co., Ltd. 2025 Stock Option Incentive Plan Performance Assessment and Management Measures>", and the "Proposal Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to the Luxshare Precision Industry Co., Ltd. 2025 Stock Option Incentive Plan". The relevant proposals were deliberated and approved by the third meeting of the Remuneration and Assessment Committee of the Sixth Board of Directors.
On the same day, the Company held the 11th meeting of the Sixth Supervisory Board, which deliberated and approved the "Proposal on the <Luxshare Precision Industry Co., Ltd. 2025 Stock Option Incentive Plan (Draft) and its Summary>", the "Proposal on Formulating the <Luxshare Precision Industry Co., Ltd. 2025 Stock Option Incentive Plan Performance Assessment and Management Measures>", and the "Proposal on Verifying the List of Initial Grantees of the 2025 Stock Option Incentive Plan (Draft) of Luxshare Precision Industry Co., Ltd.". Beijing Hankun (Shenzhen) Law Firm issued the "Legal Opinion of Beijing Hankun (Shenzhen) Law Firm on the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.".
- From April 28, 2025, to May 7, 2025, the Company publicly disclosed the names and positions of the initial grantees of this incentive plan internally. By the end of the public disclosure period, the Company's Supervisory Board had not received any objections to the initial grantees of this incentive plan. On May 8, 2025, the Company disclosed the "Supervisory Board's Review Opinion and Public Disclosure Status Description on the List of Initial Grantees of the 2025 Stock Option Incentive Plan of Luxshare Precision Industry Co., Ltd.".