China HK Power Smart Energy Corrects Option Figures and Seeks Shareholder Approval for Director Grant

China LNG Group ( (HK:0931) ) has issued an announcement.

China HK Power Smart Energy Group Limited has corrected its previously disclosed figures for options available under its existing share option scheme, clarifying that 392,839,709 options were available for grant as of 31 March 2025 instead of the lower number reported, after properly accounting for lapsed options tied to employee contract terminations. Additional options have since lapsed, confirming that the company has sufficient mandate to grant new scheme options, while a separate grant of director options to Mr. Deng will proceed as a connected transaction requiring independent shareholder approval under Hong Kong listing rules, reinforcing governance and compliance around equity incentives.

The company will seek separate approval at an extraordinary general meeting for director options that exceed the existing scheme mandate and surpass the 1% issuance threshold within a 12‑month period. Independent non-executive directors will review and opine on the director option grant, and the views of the independent board committee will be set out in a circular to shareholders, underscoring the regulatory scrutiny and investor-protection framework governing such incentive awards.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.39 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

More about China LNG Group

China HK Power Smart Energy Group Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the broader energy and smart power solutions sector. The company uses share option schemes as part of its employee and director incentive structure, aligning management and staff interests with long-term shareholder value.

Average Trading Volume: 10,733,388

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.94B

For a thorough assessment of 0931 stock, go to TipRanks’ Stock Analysis page.