GoerTek completes stock option cancellation under 2021 plan

GoerTek has completed the cancellation of 93.7895 million unexercised stock options initially granted under its 2021 stock option incentive plan. The decision, approved at board and supervisory meetings on April 21, 2025, involved the cancellation of options from the second exercise period. 147 eligible incentive recipients exercised a total of 22.5155 million stock options. The cancellation process was finalized on April 24, 2025, with China Securities Depository and Clearing Corporation Limited Shenzhen Branch. GoerTek confirms this cancellation aligns with relevant regulations and will not impact the company's capital structure or shareholder interests.