Lajin Entertainment Network Group Limited (8172) released a supplemental announcement providing additional information on its Annual Report for the year ended 31 December 2024 and the Interim Report for the six months ended 30 June 2025. The document clarifies details regarding a new share option scheme and revisions to certain terms disclosed in Note 24 of the 2024 Annual Report.

A new share option scheme was adopted on 21 June 2024, following expiry of the previous scheme on 9 June 2024. The total number of share options available for grant under this new scheme was 420,913,104 shares at the beginning and end of 2024, representing 10% of the company’s total issued shares on the adoption date. A separate sublimit of 21,045,655 shares, or 0.5% of the issued share capital, was reserved for service providers at both the beginning and end of 2024.

After a share consolidation took effect on 29 May 2025, the total number of share options available for grant under the new scheme was adjusted to 42,091,310 shares as of 30 June 2025, while the service provider sublimit was revised to 2,104,565 shares. These figures continue to represent 10% and 0.5%, respectively, of the company’s recalculated issued share capital post-consolidation.

The announcement further clarifies that eligible participants include employees and service providers, subject to updated requirements concerning vesting periods and acceptance procedures. In particular, share options now generally require a 12-month holding period before exercise, with acceptance to be made within 21 days from the date of grant. The original disclosure referred to a 28-day acceptance window and did not specify a 12-month vesting period for all outstanding share options.

All other details in the 2024 Annual Report and the 2025 Interim Report remain unchanged, and the supplemental announcement confirms that no additional updates are required beyond the revised share option scheme information.