C&S plans to launch the fourth employee stock ownership plan
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C&S plans to launch the fourth employee stock ownership plan, with no more than 150 participants, including 6 directors and senior management. The plan aims to raise no more than 77.74 million yuan, with a subscription unit of 1.00 yuan and a maximum of 77.74 million shares. After approval by the shareholders' meeting, the plan will legally purchase no more than 23 million repurchased shares at a price of 3.38 yuan per share, accounting for 1.78% of the company's total equity
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