Guangzhou Tinci Materials Technology Co., Ltd. (hereinafter referred to as "the Company") announces the following regarding the results of the first exercise period of the 2024 stock option incentive plan:
- Source of shares: The Company’s stock options are ordinary shares issued to the public.
- Stock option plan name: Tinci JLC4
- Stock option code: 037483
- Number of individuals eligible for stock options: 800
- Number of stock options: 4,670,157 shares
- Exercise price: 16.59 yuan/share
- Method of exercise: Centralized exercise
- Exercise period: The exercise period will end on March 30, 2026.
- After this exercise, the total number of shares will be 2,033,891,587, and the total number of shares after this issuance will be 2,038,561,744.
The Company held its sixth board meeting on March 6, 2026, and approved the first exercise period of the 2024 stock option incentive plan. The Company has confirmed that the stock option incentive plan has been approved, and the details are as follows:
I. Status of the stock option incentive plan and approval situation
- On December 11, 2024, the Company’s board of directors will convene a meeting to review the stock option incentive plan.
- The first exercise period is from December 13, 2024, to December 22, 2024. The Company will collect opinions and suggestions regarding the stock option incentive plan during this period.
- The first exercise period will be from December 30, 2024, to January 17, 2025.
II. Specific details of this stock option exercise