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Good-Ark Electronics announces second stock option exercise period

October 21, 2025 at 11:30 AM UTCBy FilingReader AI

Suzhou Good-Ark Electronics (SZSE:002079) has announced the opening of the second exercise period for the reserved grant portion of its 2022 stock option incentive plan, utilizing a self-exercising model. The plan will allow 47 eligible beneficiaries to exercise 477,000 stock options. This represents 0.06% of the company's total share capital of 810,432,616 shares as of October 10, 2025. The exercise price for these options is set at 10.23 yuan per share.

The actual exercise period will commence on October 22, 2025, and conclude on September 24, 2026. This follows the fulfillment of the plan's conditions, including a three-year cumulative operating revenue of 12,993,509,278.96 yuan from 2022 to 2024, surpassing the 10 billion yuan target. Additionally, all 47 eligible individuals received "A+" or "A" ratings in their 2024 performance evaluations, ensuring a 100% personal exercise ratio.

If all options are exercised, the company's total share capital will increase by 477,000 shares to 810,909,616 shares, contributing 4,879,710.00 yuan to the company's net assets. This includes a 4,402,710.00 yuan increase in capital reserves. The company confirms that this exercise will not materially impact its financial health or change its controlling shareholder structure, ensuring its continued listing status.

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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