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Lotus Holdings to hold performance briefing, adjust equity incentives

September 16, 2025 at 11:21 AM UTCBy FilingReader AI

Lotus Holdings Co. will host its 2025 half-year performance briefing on September 24, 2025, from 15:00 to 16:00, accessible online. Key attendees will include the board chairman, vice chairman, chief executive, independent director, chief financial officer, and board secretary. This briefing follows the disclosure of the company’s 2025 half-year report and summary on August 29, 2025, on the Shanghai Stock Exchange website.

In a related announcement, Lotus Holdings disclosed the cancellation of 1,032,500 stock options and the repurchase of 895,000 restricted shares. These adjustments are due to eight incentive participants having resigned or terminated their employment agreements. The repurchase price for the 2023 restricted shares is CNY1.69 per share, and for the 2024 restricted shares, it is CNY1.62 per share. The repurchases are expected to be completed by September 19, 2025.

The total share capital will decrease from 1,794,002,141 shares to 1,793,107,141 shares, primarily affecting restricted shares. The company’s board confirmed these actions comply with relevant regulations.

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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