Summary by Moomoo AI
According to the 2019 A-share incentive plan, WuXi AppTec announces the cancellation of 31,509 stock options. These options were originally granted to seven incentive targets, but due to their resignation or failure to exercise the options before the third exercise period expired, the cancellation decision was made. The board of directors of the company has passed the relevant proposal, and the supervisory board has verified that the cancellation is legally valid and will not have a significant impact on the company's operations. Fangda Partners, the legal advisor in China, also confirmed that the cancellation procedure complies with relevant laws and regulations. This news was announced by Dr. Li Ge, the chairman of the board, on July 29, 2024.
