CHINA HANKING (03788) Subsidiary Hanking Gold Grants 78 Million Share Options in Total

Stock News10-27

CHINA HANKING (03788) announced that on October 27, 2025, its subsidiary Hanking Gold granted a total of 78 million share options to subscribe for ordinary shares of Hanking Gold. These include 25 million share options granted to Executive Director Dr. Qiu, 5 million share options granted to Executive Director Ms. Zhang, and 48 million share options granted to other employees of the Hanking Gold Group (collectively referred to as "Other Grants"). The grants are subject to acceptance by the relevant grantees under the share option plan (Hanking Gold Share Option Plan) approved by the board of directors on July 4, 2025. The authorized share option plan approved by the company on July 4, 2025, has not been fully utilized. The company intends to continue granting share options to employees under the relevant option plan over the next ten years following the completion of the proposed spin-off and Hanking Gold's independent listing on the Main Board of the Hong Kong Stock Exchange.

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