
TC plans to launch an employee stock ownership plan in 2025, expecting the shareholding scale to not exceed 3 million shares

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TC plans to implement an employee stock ownership plan in 2025, with participants being core key employees of the company and its subsidiaries, not exceeding 11 people. The stocks involved in the plan will come from the company's repurchased shares, with an expected holding scale of no more than 3 million shares, and the transfer price set at 5.44 yuan/share. This plan needs to be approved by the shareholders' meeting and will have a duration of 36 months
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