Guangdong Hongqiao Intelligent Logistics Co., Ltd. (hereinafter referred to as "the Company") on June 8, 2026, held the 34th meeting of the fourth board of directors, which approved the "Announcement on the Conditions Not Met for the Third Exercise Period of the 2023 Stock Option Incentive Plan and the Cancellation of Part of the Stock Options."
I. Basic Situation of the Company's Stock Option Incentive Plan
The Company held the 3rd meeting of the 3rd board of directors on September 12, 2023, and the 2nd meeting of the 3rd board of supervisors on September 28, 2023, to review and approve the "Proposal on the Company's 2023 Stock Option Incentive Plan" and other related proposals, approving a total of 578 million stock options.
On July 30, 2024, the Company held the 4th meeting of the 4th board of directors and the 6th meeting of the 4th board of supervisors, which reviewed and approved the "Proposal on the Adjustment of the 2023 Stock Option Incentive Plan," adjusting the stock option exercise price from 22.03 yuan/share to 21.93 yuan/share.