Guoxuan High-Tech cancels expired stock options, plans extraordinary general meeting

Guoxuan High-Tech's board and supervisory committee approved the cancellation of 7.3332 million unexercised stock options from its 2021 stock option incentive plan. The cancellation, affirmed by Shanghai Tongli Law Firm as compliant with regulations, includes options from the third exercise period that expired on November 14, 2025. This action will not materially impact Guoxuan High-Tech’s financial status or operations.

The board also decided to convene its Second Extraordinary General Meeting for 2025 on December 29, 2025. Shareholders will be asked to approve various proposals, including the election of the tenth board of directors and amendments to the company's articles of association, which involve cumulative voting for director elections.

Shareholders can participate in the meeting through both on-site attendance at Guoxuan High-Tech's Global Conference Hall in Hefei and online voting via the Shenzhen Stock Exchange trading and internet voting systems.