COSCO SHIP HOLD(601919) 证券之星·2025-04-02 14:25Core Viewpoint - The announcement details the results of the stock option incentive plan for the first quarter of 2025, highlighting the number of shares exercised and the adjustments made to the stock options due to various corporate actions [1][2][3]. Group 1: Stock Option Exercise Results - A total of 859,481 shares were exercised by the incentive plan participants and registered for transfer [1]. - The exercised shares will be listed for trading on the second trading day after the exercise date (T+2) [6]. Group 2: Decision-Making Process and Disclosure - The stock option incentive plan was approved by the company's board of directors, supervisory board, and shareholders' meeting, in accordance with relevant regulations [1]. - The plan includes provisions for the cancellation of options for individuals who have left the company or are no longer eligible due to retirement or other reasons [2][4]. Group 3: Adjustments to Stock Options - The exercise price for the first grant of options was adjusted from 3.15 CNY/share to 2.28 CNY/share, and for reserved options from 2.69 CNY/share to 1.82 CNY/share [3]. - Further adjustments were made in December 2022, lowering the exercise price to 1 CNY/share for both the first grant and reserved options [3]. Group 4: Impact on Share Capital Structure - The total number of shares before the exercise was 15,960,826,685, which increased to 15,961,686,166 after the exercise [7]. - The newly issued shares are classified as unrestricted circulating shares [6]. Group 5: Financial Impact - The exercise of these options is not expected to have a significant impact on the company's financial condition or operating results [7].