Summary by Moomoo AI
SinoTrans Limited announced on November 13, 2024, that the results of the second exercise of the first share option incentive plan for stocks have been completed. There were a total of 10 incentive recipients exercising 1,371,401 stock options. The shares for this exercise are ordinary A shares repurchased from the company's secondary market. The exercise targets include senior executives such as the Vice President and Board of Directors Secretary Li Shichu. The exercise registration was completed on November 12, 2024, and the total number of freely tradable shares of the company remained unchanged after the exercise, and there was no change in the ultimate controlling shareholder. This exercise does not involve the issuance of new shares and will not have a significant impact on the company's recent financial condition and operational performance.