ZTE Corporation (00763) completed the cancellation of 2.402 million stock options.

ZTE Corporation (00763) announced that as of September 20, 2024, the second exercise period of the stock options reserved under the 2020 Stock Option Incentive Plan has ended, with 2.4 million stock options still outstanding. According to the "Management Measures for Equity Incentives of Listed Companies" and the company's "2020 Stock Option Incentive Plan (draft)", the 2.4 million unexercised stock options will be voided and the company will reclaim and cancel them at no cost. On September 24, 2024, after verification by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, the company has completed the cancellation of the 2.4 million stock options. This cancellation does not affect the company's share capital, and the company's share capital structure remains unchanged.