CREAT plans to launch the second phase of its employee stock ownership plan

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According to the Zhitong Finance APP, Beijing CREAT (002350.SZ) has released the draft for the second phase of its employee stock ownership plan. The stocks for the ownership plan will come from shares repurchased in the company's dedicated repurchase account, totaling no more than 27 million shares, accounting for approximately 4.98% of the company's total share capital. The purchase price for the repurchased shares under the ownership plan is set at 4.18 yuan per share, with a total fundraising cap of 112.86 million yuan, and the specific share allocation will be determined based on the actual contribution payment amount.

The duration of this employee stock ownership plan will not exceed 36 months, starting from the date the company announces the transfer of the last batch of target stocks to the name of this employee stock ownership plan

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