SGC plans to launch an employee stock ownership plan in 2025
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SGC announced a draft employee stock ownership plan for 2025, aiming to raise no more than 45.1898 million yuan. The funding sources include employee self-funding, own funds, and legal compensation, among others. The plan involves repurchasing no more than 8.157 million A-share common stocks, accounting for approximately 2.64% of the company's total share capital, with a purchase price of 5.54 yuan per share and a duration of 48 months
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