---
title: "C&S plans to launch the fourth employee stock ownership plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246848633.md"
description: "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"
datetime: "2025-07-01T13:18:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246848633.md)
  - [en](https://longbridge.com/en/news/246848633.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246848633.md)
---

# C&S plans to launch the fourth employee stock ownership plan

According to the Zhitong Finance APP, C&S (002511.SZ) disclosed the draft of the fourth employee stock ownership plan, with the number of participants expected to be no more than 150, including 6 company directors and senior management personnel. The total amount of funds raised will not exceed 77.74 million yuan, with each subscription unit being "share," and each share priced at 1.00 yuan. The upper limit of the employee stock ownership plan is 77.74 million shares, with the specific amount determined based on actual circumstances.

After being reviewed and approved by the company's shareholders' meeting, this employee stock ownership plan will purchase the company's repurchased shares not exceeding 23 million shares through legally permitted methods such as non-trading transfers, accounting for 1.78% of the company's total share capital on the announcement date of the employee stock ownership plan, with the specific execution subject to actual conditions. The price for the employee stock ownership plan to acquire the company's repurchased shares is 3.38 yuan/share

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