---
title: "Yuehai Feeds Group plans to launch an employee stock ownership plan in 2025, with a funding scale not exceeding 83.4225 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247677039.md"
description: "Yuehai Feeds Group plans to launch an employee stock ownership plan in 2025, with a funding scale not exceeding 83.4225 million yuan. The funding sources include a special incentive fund, employee compensation, and self-owned funds. The participants will be the company's directors, senior executives, and core management personnel, with the number of participants not exceeding 350. After being approved by the shareholders' meeting, the plan will acquire the company's repurchased shares through non-trading transfer, with a transfer price of 7.87 yuan per share, and the total number of shares not exceeding 10.6001 million shares, with a duration not exceeding 36 months"
datetime: "2025-07-08T15:12:05.000Z"
locales:
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  - [en](https://longbridge.com/en/news/247677039.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247677039.md)
---

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# Yuehai Feeds Group plans to launch an employee stock ownership plan in 2025, with a funding scale not exceeding 83.4225 million yuan

According to the Zhitong Finance APP, Yuehai Feeds Group (001313.SZ) has disclosed the draft of its 2025 employee stock ownership plan, with a funding scale not exceeding 83.4225 million yuan. The funding sources include the company's allocated special incentive fund, employees' legal salaries, holders' own funds, and other legally permitted funding methods. The ratio of employees' self-raised funds to the company's allocated special incentive fund is 1:1. The incentive fund portion is derived from the special incentive fund allocated by the company for the years 2025 to 2027, with a maximum amount of 41.7113 million yuan. The participants in the employee stock ownership plan include the company's directors, supervisors, and senior management personnel; core management personnel and core technical (business) personnel from the company (including consolidated subsidiaries and holding subsidiaries) deemed suitable for incentives. A total of no more than 350 people (excluding reserved participants) are expected to participate in this employee stock ownership plan.

After being reviewed and approved by the company's shareholders' meeting, the employee stock ownership plan intends to acquire the company's repurchased shares through non-trading transfers and other legally permitted methods, with a transfer price of 7.87 yuan per share (including reserved shares). The total number of shares to be acquired will not exceed 10.6001 million shares (including reserved shares).

The duration of this employee stock ownership plan will not exceed 36 months, with the initial grant of the underlying shares unlocking in two phases, with lock-up periods of 12 months and 24 months, calculated from the date the company announces the transfer of the initial grant of underlying shares to the employee stock ownership plan

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