Jiangsu Asia-Pacific Light Alloy adjusts stock option price

Jiangsu Asia-Pacific Light Alloy Technology (SZSE:002540) announced that it has adjusted the exercise price of stock options under its first phase of stock option and restricted stock incentive plan from CNY 5.355 per share to CNY 5.155 per share. This adjustment follows the company's 2024 annual equity distribution, where shareholders received a cash dividend of CNY 2.000000 per 10 shares. The company's board of directors approved the adjustment on May 30, 2025, and legal counsel has provided a supporting opinion. The company said the adjustment will not have a major adverse impact on its financial condition or operating results.