Xgimi Technology plans to launch an employee stock ownership plan in 2025

According to the Zhitong Finance APP, Xgimi Technology (688696.SH) has disclosed the draft of its 2025 employee stock ownership plan, which will involve no more than 337 participants. The funding sources for the stock ownership plan will be employees' own funds (including legal salaries and self-raised funds), a special reward fund allocated by the company, or other methods permitted by laws and regulations.

The total funding scale of the stock ownership plan will not exceed 181 million yuan, with "units" as the subscription unit, each unit priced at 1.00 yuan, and a maximum of 18.1 million units. The starting subscription amount for individual employees is 1 unit (i.e., a subscription amount of 1.00 yuan) and must be in whole multiples of 1 yuan. The employees' own funds will not exceed 88 million yuan, and the reward fund amount will not exceed 93 million yuan, with specific amounts determined based on actual contributions. The shares for the stock ownership plan will be sourced from company shares repurchased through block trading in the company's dedicated securities account for repurchases. Based on the closing price of the company's stock at 129.39 yuan per share on September 8, 2025, the number of shares that can be held under the employee stock ownership plan is approximately 1.3989 million shares, accounting for 2% of the company's total existing share capital