OFilm completes cancellation of stock options

OFILM Group (SZSE:002456) announced the completion of the cancellation of stock options relating to its first phase of the 2024 restricted stock and stock option incentive plan. The decision was made following the company's board and supervisory meetings on May 19, 2025. A total of 7.7466 million stock options were cancelled, consisting of 3.801 million options from 86 employees who no longer qualified due to resignation, and 3.9456 million options from 59 employees who did not meet individual performance targets for the first exercisable period of 2024. The cancellation process has been confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited. The company stated that the cancellation adheres to relevant regulations and will not significantly impact the company's financial standing or management team's performance.