---
title: "WBTL plans to launch the first phase of its employee stock ownership plan in 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250991895.md"
description: "WBTL released the draft of the first employee stock ownership plan for 2025, planning to raise no more than 44.946 million yuan, with a maximum share limit of 44.946 million shares. The source of the stock is 1.8 million A shares repurchased by the company, accounting for 0.2968% of the total share capital. The plan has a duration of 72 months, with the stock unlocking period divided into three phases, and the longest lock-up period is 60 months"
datetime: "2025-07-31T11:56:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250991895.md)
  - [en](https://longbridge.com/en/news/250991895.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250991895.md)
---

# WBTL plans to launch the first phase of its employee stock ownership plan in 2025

According to the Zhitong Finance APP, WBTL (603596.SH) has released the draft of the first employee stock ownership plan for 2025, which aims to raise a total of no more than 44.946 million yuan. The subscription unit is set as "shares," with each share priced at 1 yuan. The maximum number of shares for this employee stock ownership plan is 44.946 million shares, and the final amount raised will be based on the actual fundraising total. The source of the shares for the stock ownership plan will be the A-shares of WBTL repurchased from the company's dedicated securities account, totaling 1.8 million shares, accounting for 0.2968% of the company's total share capital.

The duration of the stock ownership plan is 72 months, calculated from the date the company announces the transfer of the last target stock to the name of this employee stock ownership plan. The target stocks obtained through non-trading transfers and other legally permitted methods will begin to unlock in three phases 36 months after the company announces the transfer of the last target stock to the name of this employee stock ownership plan, with a maximum lock-up period of 60 months

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