--- title: "JH Group plans to launch the first phase of the JH Navigation Employee Stock Ownership Plan" type: "News" locale: "en" url: "https://longbridge.com/en/news/250780876.md" description: "JH Group released the draft of the first employee stock ownership plan, with a planned share not exceeding 2.4068 million shares, each subscription price set at 1 yuan, and a fundraising cap of 2.4068 million yuan. The sources of funds include employee salaries and self-raised funds. The duration of the stock ownership plan is 48 months, with a lock-up period of 24 months, after which the corresponding stocks will be unlocked in one go" datetime: "2025-07-30T11:48:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/250780876.md) - [en](https://longbridge.com/en/news/250780876.md) - [zh-HK](https://longbridge.com/zh-HK/news/250780876.md) --- # JH Group plans to launch the first phase of the JH Navigation Employee Stock Ownership Plan According to the Zhitong Finance APP, JH Group (603518.SH) has released the draft for the first phase of the JH Group Employee Stock Ownership Plan. The total planned shares for this employee stock ownership plan will not exceed 2,406,833.66 shares, with each share being the unit of subscription. The subscription price for each share is RMB 1.00, with a total fundraising cap of RMB 2,406,833.66. The funding sources include employees' legal salaries, self-raised funds, and other methods permitted by laws and regulations. The company will not provide any financial assistance to holders in the form of advances, guarantees, loans, etc. The duration of this stock ownership plan is 48 months; the lock-up period for the stock ownership plan is 24 months, calculated from the date the company announces the completion of the last purchase of the target stock. After the lock-up period expires, the corresponding target stocks of this employee stock ownership plan will be unlocked in one go ### Related Stocks - [603518.CN](https://longbridge.com/en/quote/603518.CN.md) ## Related News & Research - [Peter Schiff Says Trump Wants Home Prices 'Expensive' So Older Owners 'Keep Feeling Good' While Claiming To Help Young Families](https://longbridge.com/en/news/286714075.md) - [LATVIA DEFENCE FORCES: WE CONFIRM THAT THERE IS AT LEAST ONE UNMANNED AERIAL VEHICLE IN LATVIAN AIRSPACE](https://longbridge.com/en/news/287189602.md) - [VIENNA-HUNGARY PM MAGYAR SAYS HUNGARIAN BUDGET IS IN A BAD STATE, DEFICIT WILL BE VERY HIGH THIS YEAR](https://longbridge.com/en/news/287197061.md) - [Chemtrade Logistics Holds Guidance Amid Commodity Swings](https://longbridge.com/en/news/286831060.md) - [PRECIOUS-Gold falls more than 2% as Treasury yields, dollar weigh amid inflation concerns](https://longbridge.com/en/news/286943432.md)