Soochow Securities Co., Ltd. plans to launch the third phase of its employee stock ownership plan, with a total fundraising amount not exceeding 68.9742 million yuan
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Soochow Securities Co., Ltd. plans to launch the third employee stock ownership plan, raising a total amount not exceeding 68.9742 million yuan. The shares will come from the company's repurchased A-share common stock, with a total number of shares transferred not exceeding 7.0598 million shares, priced at 9.77 yuan/share. The number of participants will not exceed 500, including no more than 11 directors, supervisors, and senior executives. The plan will have a duration of 48 months and will take effect after approval by the shareholders' meeting
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