HONGYUAN plans to launch an employee stock ownership plan in 2025, with a scale not exceeding 3.8887 million shares
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HONGYUAN plans to launch an employee stock ownership plan in 2025, with a scale not exceeding 3.8887 million shares. The plan includes an initial transfer of 2.1602 million shares, with a subscription unit price of 1.00 yuan/share, totaling no more than 45.1478 million shares. The number of participants will not exceed 75, divided into directors, executives, and other employees. The stock ownership plan will be unlocked in three phases, with a total lock-up period of 36 months, while a portion reserved will be unlocked in two phases, with a total lock-up period of 24 months, and a duration not exceeding 60 months
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