Hopewind Electric: Stock option exercise conditions met

Shenzhen Hopewind Electric (SSE:603063) announced that the conditions for the second exercise period of its 2023 stock option incentive plan have been met. A total of 6.2832 million stock options are eligible for exercise by 314 employees. The exercise price is set at CNY 27.269 per share. The options can be exercised from June 3, 2025, to April 16, 2026. The company will issue new A-shares to the participants. The announcement details compliance with relevant regulations and the performance conditions achieved, including a 65.07% increase in 2024 net profit compared to 2022, as well as individual performance assessments. The board of supervisors has confirmed the validity of the exercise, and Huatai Securities will serve as the independent exercise broker.