Yao Ming Kangde (603259.SH) plans to launch a 2026 A-share employee stock ownership plan

According to Zhitong Finance App News, Yao Ming Kangde (603259.SH) disclosed the 2026 A-share employee stock ownership plan (draft). The participants were company (including the company's wholly-owned or holding subsidiaries) and core technical backbone, with a total of no more than 4,000 people. The source of funding for the employee stock ownership plan is a long-term incentive fund drawn by the company, that is, a special incentive fund calculated by the company in accordance with management regulations relating to remuneration, which in total does not exceed 1 billion yuan.

The source of the shares in the employee stock ownership plan is the shares already repurchased in the company's special account. The total amount is no more than 9.7012.31 million shares, and the total amount does not exceed 0.33% of the company's total share capital when the draft employee stock ownership plan was announced. The price of the company's A shares that employees plan to buy back from the company's special securities account is 103.08 yuan/share, which is the average price of shares already repurchased in the company's special repurchase account.