Shanghai Aiko Solar: No equity incentive exercised in Q2 2025

Shanghai Aiko Solar Energy (SSE:600732) announced that no stock options were exercised by beneficiaries of its 2023 restricted stock and stock option incentive plan during the second quarter of 2025, leaving the number of available options unchanged. According to the announcement, 3,201,432 stock options were available for exercise during the period from July 29, 2024, to July 25, 2025. The board of directors approved the exercise conditions for the first exercise period on June 24, 2024. Despite the availability, no participants exercised their options. The company clarified that 13,130,000 shares were reclassified from unrestricted to restricted shares on June 18, 2025. This reclassification was due to the initial grant of restricted shares under the 2025 incentive plan. As a result of the lack of option exercises, there was no impact on the company's share capital structure or its most recent financial statements.