China Primary Energy Holdings (8117) issued a supplemental announcement related to its 2024 annual report. According to the information provided, the Share Option Scheme permits issuing a maximum of 102,398,743 shares, equivalent to 10% of the total shares in issue on the adoption date. There were no options granted, exercised, or outstanding for the year ended 31 December 2024, resulting in the same 102,398,743 options remaining available at both the start and end of the year.

The company clarified that share options, if issued, may be exercised within a period set by the board, up to a maximum of 10 years from the date of grant. No mandatory holding period applies before exercising the options. Acceptance of an offer under the scheme requires a remittance of HK$1.00 as consideration. The company states that all disclosed information aligns with requirements prescribed by GEM Listing Rules.