Sinotrans Limited (00598): Partial stock options cancellation completed.

Sinotrans Limited (00598) announced that the company held the nineteenth meeting of the fourth board of directors on December 5, 2025, and approved the proposal to cancel a portion of the stock options. It was agreed to cancel a total of 22.017 million stock options, including 21.513 million stock options that were granted but could not be exercised during the third exercise period, and 0.502 million stock options that were granted but not exercised during the second exercise period. The company has submitted an application to cancel the above-mentioned stock options to the Shanghai branch of China Securities Depository and Clearing Corporation Limited. After the Shanghai branch of China Securities Depository and Clearing Corporation Limited confirmed the cancellation of the 22.017 million stock options, the matter has been completed. This partial cancellation of stock options complies with the relevant provisions of the "Management Measures for Stock Incentive of Listed Companies" and the "Sinotrans Limited Stock Co., Ltd. Stock Option Incentive Plan (Phase I)", and will not affect the company's share quantity or share capital structure. Thus, the implementation of the "Sinotrans Limited Stock Co., Ltd. Stock Option Incentive Plan (Phase I)" has been completed.