Jingwang Electronics announced that due to the departure of some incentive recipients, the company cancelled 31,890 stock options in accordance with the relevant regulations of the equity incentive plan. The company has submitted a cancellation application to the Shanghai branch of China Securities Registration and Settlement Co., Ltd., and the cancellation of the above stock options was completed on October 15, 2026. This cancellation complies with relevant regulations, will not affect the company's share capital structure, and will not have a substantial impact on the company's financial status and operating results.

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