Beijing Oriental Jicheng cancels stock options for incentive recipients

Beijing Oriental Jicheng Integrated Technology Co., Ltd. announced on August 27, 2025, the cancellation of 67,901 stock options from its 2020 Stock Option and Restricted Stock Incentive Plan. This action, approved by the Sixth Board of Directors' Seventh Meeting and the Sixth Board of Supervisors' Seventh Meeting, impacts eight incentive recipients whose exercise period ended without full exercise. One recipient had 1 stock option, and seven recipients had 67,900 stock options, that were forfeited.

This cancellation aligns with the company's "2020 Stock Option and Restricted Stock Incentive Plan (Draft)" and "Implementation and Assessment Management Measures for the 2020 Stock Option and Restricted Stock Incentive Plan." The company's legal counsel confirmed that the reasons for the cancellation comply with relevant laws and regulations, and the procedures for approval and authorization have been duly followed. The Board of Supervisors also verified the list of incentive recipients and the number of options to be cancelled. This cancellation is not expected to materially affect the company's financial condition or operating results.