Zhitong Finance App News, Sinotrans (00598.HK) issued an announcement. The company held the 19th meeting of the fourth board of directors of the company on December 5, 2025 to review and pass the “Proposal on Cancelling Some Stock Options”, agreeing to cancel 21.513 million stock options granted but not exercised during the third exercise period and 504,200 stock options granted but not exercised during the second exercise period. A total of 21.07 million stock options were cancelled. The company has submitted an application for cancellation of the above stock options to the Shanghai branch of China Securities Registration and Settlement Co., Ltd., which was reviewed and confirmed by the Shanghai branch of China Securities Registration and Settlement Co., Ltd., and the cancellation of the 22.17 million stock options mentioned above has been completed. The cancellation of some stock options complies with the relevant provisions of the “Administrative Measures on Equity Incentives for Listed Companies” and “Sinotrans Co., Ltd. Stock Options Incentive Plan (Phase 1)”, and will not affect the number of shares and share capital structure of the company. Based on this, the “Sinotrans Co., Ltd. Stock Options Incentive Plan (Phase 1)” has been implemented.

Zhitong Finance App News, Sinotrans (00598.HK) issued an announcement. The company held the 19th meeting of the fourth board of directors of the company on December 5, 2025 to review and pass the “Proposal on Cancelling Some Stock Options”, agreeing to cancel 21.513 million stock options granted but not exercised during the third exercise period and 504,200 stock options granted but not exercised during the second exercise period. A total of 21.07 million stock options were cancelled. The company has submitted an application for cancellation of the above stock options to the Shanghai branch of China Securities Registration and Settlement Co., Ltd., which was reviewed and confirmed by the Shanghai branch of China Securities Registration and Settlement Co., Ltd., and the cancellation of the 22.17 million stock options mentioned above has been completed. The cancellation of some stock options complies with the relevant provisions of the “Administrative Measures on Equity Incentives for Listed Companies” and “Sinotrans Co., Ltd. Stock Options Incentive Plan (Phase 1)”, and will not affect the number of shares and share capital structure of the company. Based on this, the “Sinotrans Co., Ltd. Stock Options Incentive Plan (Phase 1)” has been implemented.