SG Micro opens second stock option exercise period for over 1,000 employees

SG Micro (Beijing) Co., Ltd. has initiated the second exercise period for its 2023 stock option incentive plan, effective from October 17, 2025, to September 11, 2026. This period allows 1,039 eligible participants to exercise 2,457,499 stock options at an exercise price of 50.54 yuan per share. The company confirmed that all conditions for this self-exercising mode have been met, including the 24-month waiting period and the achievement of the 2024 performance target of 33.47 billion yuan in operating revenue, resulting in a 100% exercise ratio at the company level.

The individual performance assessments for 1,038 participants were rated "good" or above, leading to a 1.0 exercise coefficient, while three participants rated "pass" received a 0.6 coefficient. Two participants who left the company during the waiting period are no longer eligible to exercise their options. If all options are exercised, SG Micro's total share capital will increase by 2,457,499 shares, with proceeds allocated to supplement working capital. The company's equity structure and listing status will remain unaffected.