Woer Heat-shrinkable completes 2025 stock option grant registration

Shenzhen Woer Heat-Shrinkable Material Co., Ltd. (SZSE:002130) announced the completion of the registration for its 2025 stock option incentive plan. The company granted 8.1374 million stock options, representing 0.65% of the company's total share capital before registration, to 479 key management, technical, and business personnel. The options, designated as "Woer JLC5" (037496), were granted on April 24, 2025, with a strike price of CNY 21.73 per share. The stock options are sourced from repurchased shares held in a dedicated securities account or newly issued A-shares. The incentive plan has a 36-month term, with a vesting period of 12 and 24 months. The plan includes performance targets at both the company and individual levels to be met before the options can be exercised. The company aims to drive growth and achieve long-term development by aligning the interests of shareholders, the company, and key employees through this incentive program.