Summary by Futu AI
On June 20th, 2024, Great Wall Motor held a board of directors meeting and approved the cancellation of some of the stock options granted under the 2021 stock options incentive plan. The cancellation involved 804,738 stock options due to some incentive targets leaving or demoting. The company completed the cancellation procedures on June 27th, which will not affect the company's capital structure, listing conditions, or have a significant impact on its business performance, nor will it affect the continued implementation of the 2021 stock options incentive plan.