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Luxshare Precision Cuts Option Exercise Prices, Adopts China Accounting Standards

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Luxshare Precision Industry (HKG:2475, SHE:002475) has lowered the exercise prices of share options granted under its 2021, 2022 and 2025 employee incentive plans following the payment of its 2025 final dividend, according to a Tuesday Hong Kong bourse filing.

The exercise price under the 2021 plan was reduced to 34.83 yuan per A share from 34.97 yuan, while the 2022 plan was adjusted to 29.42 yuan from 29.56 yuan.

The exercise price under the 2025 plan was lowered to 24.85 yuan from 24.99 yuan.

Separately, the company said it will adopt the China Accounting Standards for Business Enterprises to prepare its consolidated financial statements beginning with its interim results, replacing IFRS for its Hong Kong reporting.

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