Naura cancels stock options, names new directors and preps bond issue

Naura Technology Group (SZSE:002371) has made a series of announcements that reflect significant corporate activity. The company's board approved the cancellation of stock options under the 2022 Stock Option Incentive Plan due to employee departures, affecting 103,000 shares. Simultaneously, the board has nominated Ji Ankuan as a new non-independent director. These governance changes come as Naura prepares a substantial financial move, planning to issue corporate bonds worth up to RMB 15 billion to fund working capital and debt repayment. These bonds will be offered to professional investors and may include various types and terms, to be determined based on market conditions and regulatory approvals. Additionally, Director Song Ligong has resigned for work reasons, resulting in the promotion of Ye Feng to the Audit Committee. These changes underline Naura's strategic moves to optimize capital structure and reinforce governance.