Shuanghuan Driveline opens third stock option exercise period

Zhejiang Shuanghuan Driveline Mechanical has opened the third exercise period for its 2022 stock option plan, running from July 21, 2025 to May 22, 2026.

Some 370 participants can exercise 2,016,300 options at 16.347 yuan per share after the company's 2024 net profit of 1.04 billion yuan exceeded performance targets by 9.26%. If fully exercised, share capital will increase to 849.7 million shares.