Perfect World cancels unexercised stock options as plan expires

Perfect World Co., Ltd. announced the cancellation of unexercised stock options following the expiration of its stock option incentive plan. The decision, approved at the company's sixth session of the board, fourteenth meeting, affects 8 incentive recipients. The original incentive plan, approved in 2015, granted a total of 1,650,000 stock options. Subsequent adjustments to the plan, including revisions to the exercise price and eligible recipients, resulted in a remaining 37,460 unexercised options at the plan's termination. The cancellation complies with the company's stock option plan and relevant regulations, according to a legal opinion issued by Zhong Lun Law Firm. The company stated the cancellation would not materially impact its financial condition or operations.