Shanghai Hejing (688584.SH) plans to launch the second medium- to long-term employee stock ownership plan

According to Zhitong Finance App News, Shanghai Hejing (688584.SH) disclosed the second phase of the medium- to long-term employee stock ownership plan (draft). The scope of participants was directors, senior managers, and other people working for the company, and others that the board of directors believes need incentives. Source of shares in the employee stock ownership plan: Shanghai Hejing A-share common shares acquired and held through secondary market purchases (including bulk transactions and centralized bidding) or other methods permitted by laws and regulations.

The company's medium- to long-term employee stock ownership plan formulated in 2024 is still being implemented. As of the disclosure date of this draft shareholding plan, a total of 7684.55 million shares of the company's shares have been purchased. After the implementation of the employee's shareholding plan, the total number of shares held by each period of the established and ongoing employee shareholding plan shall not exceed 10% of the total share capital of the company, and the total number of shares corresponding to the employee shareholding plan share (including each period) held by a single employee shall not exceed 1% of the total share capital of the company.