KINWONG (03228.HK): cancellation of 31,890 share options completed

NewTimeSpace News: On 15 October 2026, Shenzhen Kinwong Electronic Co., Ltd. (03228.HK) issued an overseas regulatory announcement disclosing the completion of the cancellation of certain share options under its 2024 and 2026 share option and restricted share incentive schemes. On 21 August 2026, the board approved the buy-back and cancellation of certain restricted shares and the cancellation of certain share options; as some incentive recipients had resigned, the Company cancelled 31,890 share options and proposed to buy back and cancel 164,518 restricted shares. The Company submitted the cancellation application to the Shanghai branch of China Securities Depository and Clearing Corporation Limited, and the cancellation of the 31,890 share options was completed on 15 October 2026. The Company said the cancellation complies with applicable rules and will not affect its share capital structure or have a material impact on its financial position or results.