
JCHX: The second phase of the employee stock ownership plan has been fully sold
JCHX announced that as of the date of this announcement, all the shares held by the company's second employee stock ownership plan have been sold. This plan was approved at the 13th meeting of the 4th Board of Directors and the 12th meeting of the 4th Supervisory Board held on October 7, 2021, and October 25, 2021, respectively, as well as at the third extraordinary general meeting of shareholders in 2021. On December 14, 2021, the company transferred 6.1199 million shares of its stock to the employee stock ownership plan's securities account through a non-trading transfer, with a transfer price of 8.17 yuan per share, accounting for approximately 1.03% of the company's total share capital at that time. The lock-up period for this employee stock ownership plan is 12 months, with a duration of 48 months, starting from October 25, 2021. As of September 4, 2025, all shares held by the employee stock ownership plan have been sold through centralized bidding trading

