---
title: "ZHEZHONG plans to launch the first phase of its employee stock ownership plan, with a holding scale not exceeding 5.8502 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249171535.md"
description: "ZHEZHONG plans to launch the first phase of its employee stock ownership plan, with a holding scale not exceeding 5.8502 million shares. The shares will be sourced from the A-shares held in the company's repurchase special securities account, priced at 12.50 yuan per share. Participants include the company's supervisors, core staff, and grassroots employees, with the number of participants not exceeding 100. The plan will have a duration of 60 months"
datetime: "2025-07-18T13:33:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249171535.md)
  - [en](https://longbridge.com/en/news/249171535.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249171535.md)
generator: "portal-rs"
---

# ZHEZHONG plans to launch the first phase of its employee stock ownership plan, with a holding scale not exceeding 5.8502 million shares

According to the Zhitong Finance APP, ZHEZHONG (002346.SZ) disclosed the draft of the first phase employee stock ownership plan. The source of the stocks for the ownership plan will be the company's repurchased A-shares held in a dedicated securities account, with a holding scale not exceeding 5.8502 million shares. The price for employees to acquire the repurchased shares will be RMB 12.50 per share.

The participants in the employee stock ownership plan include the supervisors, core staff, and grassroots employees of the company (including subsidiaries), excluding shareholders, actual controllers, and their spouses, parents, and children who hold more than 5% of the shares individually or collectively. The total number of holders intending to participate in this employee stock ownership plan will not exceed 100.

The duration of this employee stock ownership plan is 60 months, starting from the date when the plan is approved by the company's shareholders' meeting and the last transfer of the target stocks to the employee stock ownership plan is announced by the company

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