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Sanhua Intelligent Controls adjusts stock option plan, cancels some rights

July 10, 2025 at 02:49 PM UTC•By FilingReader AI

Zhejiang Sanhua Intelligent Controls announced the fulfillment of conditions for the first exercise period of its 2024 Stock Appreciation Rights Incentive Plan. The company will adjust exercise prices and cancel certain stock appreciation rights due to participant departures and performance.

These adjustments, approved by the board and supervisory board, reflect the plan's provisions following the company's interim and annual dividend distributions.

The company has also confirmed that conditions for the third exercise period of its 2022 Stock Appreciation Rights plan and the first vesting period of its 2024 Restricted Stock Incentive Plan have been met, with corresponding adjustments made.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Beijing Zhong Lun Law Firm's Legal Opinion on the Fulfillment of Exercise Conditions, Adjustment of Exercise Price and Cancellation of Part of the Stock Appreciation Rights of Zhejiang Sanhua Intelligent Control Co., Ltd. in the First Exercise Period of the 2024 Stock Appreciation Rights Incentive PlanJuly 10, 2025 at 08:00 AM UTC

Supplementary Source Documents

Beijing Zhong Lun Law Firm's Legal Opinion on the Fulfillment of Exercise Conditions for the Third Exercise Period of the 2022 Stock Appreciation Rights Incentive Plan of Zhejiang Sanhua Intelligent Control Co., Ltd., Adjustment of Exercise Price and Cancellation of Part of the Stock Appreciation RightsJuly 10, 2025 at 08:00 AM UTC
Announcement of Resolutions of the Fifth Extraordinary Meeting of the Eighth Board of DirectorsJuly 10, 2025 at 08:00 AM UTC
Announcement on the fulfillment of the conditions for lifting the restriction on the first lifting of the restriction period of the 2024 restricted stock incentive plan and the adjustment of the repurchase priceJuly 10, 2025 at 08:00 AM UTC
Announcement on the fulfillment of the conditions for lifting the restriction on the third lifting of the restriction on the sale of restricted stocks in the 2022 Restricted Stock Incentive Plan and the adjustment of the repurchase priceJuly 10, 2025 at 08:00 AM UTC
Beijing Zhong Lun Law Firm's Legal Opinion on the Fulfillment of Exercise Conditions, Adjustment of Exercise Price and Cancellation of Part of the Stock Appreciation Rights of Zhejiang Sanhua Intelligent Control Co., Ltd. in the First Exercise Period of the 2024 Stock Appreciation Rights Incentive PlanJuly 10, 2025 at 08:00 AM UTC
Beijing Zhong Lun Law Firm's Legal Opinion on the Fulfillment of the Conditions for Lifting the Restriction Period and Adjustment of the Repurchase Price of the Third Lifting Period of the 2022 Restricted Stock Incentive Plan of Zhejiang Sanhua Intelligent Control Co., Ltd.July 10, 2025 at 08:00 AM UTC
Announcement on the fulfillment of the exercise conditions for the third exercise period of the 2022 Stock Appreciation Rights Incentive Plan, adjustment of the exercise price and cancellation of some stock appreciation rightsJuly 10, 2025 at 08:00 AM UTC
Beijing Zhong Lun Law Firm's Legal Opinion on the Fulfillment of the Conditions for Lifting the Restriction Period and Adjustment of the Repurchase Price of the First Lifting Period of the 2024 Restricted Stock Incentive Plan of Zhejiang Sanhua Intelligent Control Co., Ltd.July 10, 2025 at 08:00 AM UTC
Announcement of Resolutions of the Fourth Extraordinary Meeting of the Eighth Board of SupervisorsJuly 10, 2025 at 08:00 AM UTC
Zhejiang Sanhua Intelligent Controls
SZSE:002050•Shenzhen Stock Exchange
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