Hainan Drinda New Energy Technology (02865): Partial stock option cancellation of the 2021 stock option incentive plan completed.

Hainan Drinda New Energy Technology (02865) announced that the conditions for the exercise of a portion of the stock options granted under the 2021 stock option incentive plan for the third vesting period have not been met, and therefore the stock options held by the relevant incentive recipients cannot be exercised. In accordance with the regulations of the 2021 stock option incentive plan, the company will cancel a total of 1,245,400 stock options that have been granted but not yet exercised to 81 incentive recipients under the first vesting period of the 2021 stock option incentive plan, as well as a total of 251,100 stock options that have been granted but not yet exercised to 2 incentive recipients under the reserve portion of the 2021 stock option incentive plan.