--- title: "JOINTAS is planning the fifth employee stock ownership plan" type: "News" locale: "en" url: "https://longbridge.com/en/news/228528496.md" description: "According to the Zhitong Finance APP, JOINTAS announced that the company plans to launch the fifth employee stock ownership plan, with an initial estimate that the total number of shares involved in the employee stock ownership plan will not exceed 1.59% of the company's total share capital. The shares will come from the company's repurchased shares in the dedicated securities account for repurchase. The participants in this employee stock ownership plan will include the company's (including holding subsidiaries) directors (excluding independent directors), supervisors, senior management personnel, and core backbones, key position employees, and other employees who have made outstanding contributions to the company's development" datetime: "2025-02-17T08:32:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228528496.md) - [en](https://longbridge.com/en/news/228528496.md) - [zh-HK](https://longbridge.com/zh-HK/news/228528496.md) generator: "portal-rs" --- # JOINTAS is planning the fifth employee stock ownership plan According to the Zhitong Finance APP, JOINTAS (002909.SZ) announced that the company plans to launch the fifth phase of its employee stock ownership plan, with an initial estimate that the total number of shares involved in the employee stock ownership plan will not exceed 1.59% of the company's total share capital. The shares will be sourced from the company's repurchased shares in the dedicated securities account for repurchase. The participants in this employee stock ownership plan will include the company's directors (excluding independent directors), supervisors, senior management personnel, and core key employees and other employees who have made outstanding contributions to the company's development ### Related Stocks - [002909.CN](https://longbridge.com/en/quote/002909.CN.md) ## Related News & Research - [Chinese Pharma Companies Plan Hong Kong Listings](https://longbridge.com/en/news/297979501.md) - [REUTERS NEXT-Fed's Waller says neutral rate may be higher as safety premium for Treasuries has waned](https://longbridge.com/en/news/297922170.md) - [Trump's latest threat - to stop trading with some countries unless there's a rate cut - risks shock to U.S. economy](https://longbridge.com/en/news/298067979.md) - [BYD launches Sealion 08 SUV, bolstering Ocean lineup's flagship push](https://longbridge.com/en/news/297765654.md) - [Entertainment platform aTwist launches with microseries as Hollywood chases mobile viewers](https://longbridge.com/en/news/297894583.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**