Yuexiu Capital cancels 15.27m stock options

Guangzhou Yuexiu Financial Holdings Group (SZSE:000987) announced the completion of the cancellation of 15,276,470 stock options. The decision, approved at board and supervisory meetings on April 2, 2025, follows the failure to meet the performance conditions for the second exercise period of the company's stock option incentive plan. Some grantees were also no longer eligible due to job changes and departures. The cancellation, confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation, will not affect the company's share capital or capital structure and is not expected to significantly impact its financial condition or operating results. The company confirms the cancellation complies with relevant laws, regulations, and the company's stock option plan.