STO Express adjusts 2025 stock incentive plan grant price

STO Express (SZSE:002468) announced adjustments to its 2025 restricted stock incentive plan, reducing the grant price from CNY5.42 per share to CNY5.353 per share. The adjustment follows the company's 2024 annual profit distribution plan, which was approved at the shareholders' meeting and completed on June 5, 2025, distributing a cash dividend of CNY0.67 per 10 shares. The board of directors and supervisory board approved the adjustments, with the Remuneration and Assessment Committee stating that the changes are compliant with regulations and do not harm shareholder interests. Independent legal counsel confirmed the adjustments align with relevant laws and the incentive plan's provisions.