SINOTRANS (00598) to Cancel 21.5131 Million Unexercised Stock Options

Stock News12-05

SINOTRANS (00598) announced that on December 5, 2025, the company held the 19th meeting of its fourth board of directors, approving two proposals: "Regarding the Failure to Meet the Exercise Conditions for the Third Exercise Period of the Company's Stock Option Incentive Plan (Phase I)" and "Regarding the Proposed Cancellation of Certain Stock Options."

Under the "Stock Option Incentive Plan (Phase I)," the exercise conditions for the third period were not met, rendering 21.5131 million granted stock options ineffective. These options will be canceled by the company. Additionally, SINOTRANS plans to cancel 504,200 stock options granted but unexercised during the second exercise period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1107560738?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-05 18:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1107560738","market":"sg","top_or_hot":-1,"title":"SINOTRANS (00598) to Cancel 21.5131 Million Unexercised Stock Options","media":"Stock News","content":"<p>SINOTRANS (00598) announced that on December 5, 2025, the company held the 19th meeting of its fourth board of directors, approving two proposals: \"Regarding the Failure to Meet the Exercise Conditions for the Third Exercise Period of the Company's Stock Option Incentive Plan (Phase I)\" and \"Regarding the Proposed Cancellation of Certain Stock Options.\"</p>\n<p>Under the \"Stock Option Incentive Plan (Phase I),\" the exercise conditions for the third period were not met, rendering 21.5131 million granted stock options ineffective. These options will be canceled by the company. Additionally, SINOTRANS plans to cancel 504,200 stock options granted but unexercised during the second exercise period.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SINOTRANS (00598) to Cancel 21.5131 Million Unexercised Stock Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSINOTRANS (00598) to Cancel 21.5131 Million Unexercised Stock Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-12-05 18:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINOTRANS (00598) announced that on December 5, 2025, the company held the 19th meeting of its fourth board of directors, approving two proposals: \"Regarding the Failure to Meet the Exercise Conditions for the Third Exercise Period of the Company's Stock Option Incentive Plan (Phase I)\" and \"Regarding the Proposed Cancellation of Certain Stock Options.\"</p>\n<p>Under the \"Stock Option Incentive Plan (Phase I),\" the exercise conditions for the third period were not met, rendering 21.5131 million granted stock options ineffective. These options will be canceled by the company. Additionally, SINOTRANS plans to cancel 504,200 stock options granted but unexercised during the second exercise period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00598","symbol_name":"中国外运","start_time":0,"source_url":"","article_id":"1107560738","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107560738","pubTimestamp":1764930504,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SINOTRANS (00598) announced that on December 5, 2025, the company held the 19th meeting of its fourth board of directors, approving two proposals: \"Regarding the Failure to Meet the Exercise...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601598":"中国外运","00598":"中国外运","BK1541":"物流","LU0702159699.USD":"FIDELITY ASIAN SMALLER COMPANIES \"A\" (USD) ACC","LU1166156734.SGD":"Fidelity Asian Smaller Companies A-ACC-SGD","BK1535":"港口运输股","BK1502":"双十一","BK0237":"装卸搬运","BK1151":"航空货运与物流","BK1505":"一带一路","LU0702159343.USD":"FIDELITY ASIAN SMALLER COMPANIES \"A\" (USD) INC"},"translate_title":"中国外运(00598)拟注销2151.31万份未行权股票期权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601598":1,"00598":1},"content_text":"SINOTRANS (00598) announced that on December 5, 2025, the company held the 19th meeting of its fourth board of directors, approving two proposals: \"Regarding the Failure to Meet the Exercise Conditions for the Third Exercise Period of the Company's Stock Option Incentive Plan (Phase I)\" and \"Regarding the Proposed Cancellation of Certain Stock Options.\"\nUnder the \"Stock Option Incentive Plan (Phase I),\" the exercise conditions for the third period were not met, rendering 21.5131 million granted stock options ineffective. These options will be canceled by the company. Additionally, SINOTRANS plans to cancel 504,200 stock options granted but unexercised during the second exercise period.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107560738","isCrawlerRequest":true}