Ningde Times announced that the company held a board of directors and supervisory board meeting on December 5, 2025 to review and pass a bill to cancel some of the stock options granted that have not yet been exercised. A total of 2,404 stock options had to be cancelled due to the departure of some of the incentive recipients and the expiration of the third exercise period but not exercising their rights. The matter has been completed, complies with the 2021 incentive plan, and does not affect the company's share capital and the continued implementation of the plan.

Ningde Times announced that the company held a board of directors and supervisory board meeting on December 5, 2025 to review and pass a bill to cancel some of the stock options granted that have not yet been exercised. A total of 2,404 stock options had to be cancelled due to the departure of some of the incentive recipients and the expiration of the third exercise period but not exercising their rights. The matter has been completed, complies with the 2021 incentive plan, and does not affect the company's share capital and the continued implementation of the plan.