Hainan Drinda New Energy Technology (02865): Partial cancellation of stock options in the 2022 stock option incentive plan completed.

Hainan Drinda New Energy Technology (02865) announced that for the first granting of stock options under the 2022 stock option incentive plan, some of the conditions for the third exercise period and the reserved second exercise period have not been met, and the stock options held by the related incentive recipients cannot be exercised. In accordance with the relevant provisions of the company's 2022 stock option incentive plan, the company will cancel a total of 1.0402 million stock options granted but not yet exercised to 73 incentive recipients for the first time under the 2022 stock option incentive plan; for the reserved (first batch) stock options granted to 11 incentive recipients, a total of 0.2275 million stock options granted but not yet exercised will be cancelled; and for the reserved (second batch) stock options granted to 3 incentive recipients, a total of 0.1017 million stock options granted but not yet exercised will be cancelled.