CHINA HK POWER (00931) grants stock acquisition rights.

CHINA HK POWER (00931) announced that on January 13, 2026 (date of grant), the company has resolved to make an offer to 57 eligible participants (plan grantees) under the Stock Option Plan adopted by the company on August 30, 2019 to grant stock options (plan options) to subscribe for a total of 402 million ordinary shares with a par value of HK$0.02 per share (planned shares), representing approximately 5.41% of the total number of shares issued on the date of the announcement. On January 13, 2026 (date of grant), the Board of Directors resolved to conditionally grant 1 billion share options (Director Options) to Mr. Teng Yao Bo, an Executive Director and CEO of the company (Director Grantee), to subscribe for a total of 1 billion ordinary shares with a par value of HK$0.02 per share (Director Shares), representing approximately 13.45% of the company's existing issued share capital as of the date of the announcement; and approximately 11.85% of the company's issued share capital after the issuance and issuance of the Director Shares following the exercise of all options (assuming no other changes in the company's share capital). The Director Shares shall be issued and issued in accordance with the special authorization.