Tianma Tech completes cancellation of stock options
Fujian Tianma Science & Technology Group (SSE:603668) announced the completion of the cancellation of 385,000 stock options initially granted under its 2024 stock option incentive plan. The decision, approved at the company's board and supervisory meetings on April 29, 2025, targeted options held by employees no longer eligible due to resignation or change in roles. The cancellation process was finalized on June 4, 2025, following confirmation from the China Securities Depository and Clearing Corporation Limited Shanghai Branch. The company emphasized that the cancellation of these unexercised options will not impact its share capital, aligning with relevant regulations and the provisions of the 2024 incentive plan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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