Yaoji Tech adjusts stock option, restricted stock prices

Shanghai Yaoji Technology (SZSE:002605) announced adjustments to its 2022 equity incentive plan, affecting both stock option exercise prices and restricted stock repurchase prices. This decision, made at the Sixth Board's 20th meeting, reflects the completion of the company's 2024 annual equity distribution, where shareholders received a cash dividend of CNY208,169,334 (CNY5 per 10 shares). Consequently, the stock option exercise price has been revised from CNY13.76 to CNY13.26 per share, and the restricted stock repurchase price adjusted from CNY6.31 to CNY5.81 per share. The company noted that this adjustment aligns with the initial incentive plan and relevant regulations, and will not materially impact the company's financials.