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Beijing Oriental Jicheng cancels unexercised employee stock options

September 9, 2025 at 08:50 AM UTCBy FilingReader AI

Beijing Oriental Jicheng Integrated Technology Co., Ltd. announced the completion of the cancellation of 67,901 stock options under its 2020 stock option and restricted stock incentive plan. The decision was approved at board and supervisory board meetings on August 27, 2025.

The cancelled options belonged to eight incentive beneficiaries who had received options that were exercisable but remained unexercised by the end of the exercise period. This included one initial grant beneficiary and seven pre-reserved grant beneficiaries. The company confirmed that the cancellation procedure was in compliance with relevant regulations and its own incentive plan.

Following the cancellation, there will be no impact on the company's share capital or its capital structure, as these options had not been exercised. China Securities Depository and Clearing Corporation Limited's Shenzhen branch has reviewed and confirmed the completion of the cancellation process for these 67,901 stock options.

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

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