ZTE Finalizes Cancellation of Unexercised Share Options

ZTE (HK:0763) has released an update.

ZTE Corporation has announced the completion of the cancellation of 2,402,000 unexercised share options from their 2020 Share Option Incentive Scheme, following the end of the second exercise period. This cancellation, verified by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, does not affect the company’s share capital or shareholding structure. The move is in line with regulatory requirements and the company’s internal articles of association.

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