
LSGC plans to launch an employee stock ownership plan in 2025

LSGC plans to launch an employee stock ownership plan in 2025, with no more than 45 participants and a total fundraising amount not exceeding 22.4852 million yuan. The shares for the employee stock ownership plan will come from the company's repurchased A-share common stock, with a total of no more than 8.39 million shares to be transferred, accounting for 1.10% of the company's total share capital. The plan will initially transfer 7.39 million shares at a repurchase price of 2.68 yuan per share
According to the Zhitong Finance APP, LSGC (600738.SH) has disclosed the draft of its 2025 employee stock ownership plan, which is expected to involve no more than 45 participants (excluding reserved grant personnel), among which directors (excluding independent directors), supervisors, and senior management will not exceed 5 people. The total amount of funds raised by the employee stock ownership plan will not exceed 22.4852 million yuan, with "units" as the subscription unit, each unit priced at 1.00 yuan, and the upper limit of the number of units in the employee stock ownership plan is 22.4852 million units.
The shares for this employee stock ownership plan will come from the A-share common stock repurchased by the company through a dedicated securities account. The total number of shares to be acquired by the employee stock ownership plan will not exceed 8.39 million shares, accounting for 1.10% of the company's current total share capital. Among them, it is planned to initially acquire 7.39 million shares, and the purchase price for the repurchased shares under the employee stock ownership plan (including reserved units) is 2.68 yuan/share

