Shenzhen City BAK New Materials Co., Ltd. (hereinafter referred to as "the Company") announces the following regarding the third exercise period of the stock options under the 2023 Restricted Stock and Stock Option Incentive Plan:
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The total number of stock options available for exercise is 1,840,910, with an exercise price of 25.21 yuan per share.
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The conditions for exercising stock options are as follows: