---
title: "Befar plans to launch the third phase of its employee stock ownership plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259494816.md"
description: "Befar released the draft of the third employee stock ownership plan, which plans to initially grant shares to no more than 437 holders, including 9 senior executives and 428 middle and core position employees. The plan aims to raise no more than 118.3384 million yuan, with a subscription unit price of 1 yuan/share, totaling no more than 11,833,840 shares. The purchase price for the repurchased shares under the employee stock ownership plan is 2.12 yuan/share, with a total number of shares to be held not exceeding 55.82 million shares, accounting for 2.71% of the company's equity"
datetime: "2025-09-30T09:45:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259494816.md)
  - [en](https://longbridge.com/en/news/259494816.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259494816.md)
generator: "portal-rs"
---

# Befar plans to launch the third phase of its employee stock ownership plan

According to the Zhitong Finance APP, Befar (601678.SH) has released the draft of the third employee stock ownership plan, which is expected to initially grant the first portion to no more than 437 holders, including 9 directors (excluding independent directors), and no more than 428 middle management and core position employees.

The total amount of funds to be raised by the employee stock ownership plan is not expected to exceed RMB 118.3384 million, with "units" as the subscription unit, each unit priced at 1.00 yuan, for a total subscription of no more than 11.83384 million units. The specific number of units will be determined based on the actual contribution payment amount. The purchase price for the company's repurchased shares under the employee stock ownership plan is 2.12 yuan/share.

The total number of shares intended to be held under this employee stock ownership plan is not expected to exceed 55.82 million shares, accounting for 2.71% of the company's current total share capital. Among them, the first grant portion is 53.12 million shares, accounting for 2.58% of the company's current total share capital; the reserved grant portion is 2.7 million shares, accounting for 0.13% of the company's current total share capital, and 4.84% of the total number of shares in the employee stock ownership plan

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**