--- title: "ASEM plans to launch an employee stock ownership plan in 2025" type: "News" locale: "en" url: "https://longbridge.com/en/news/259061495.md" description: "ASEM plans to launch an employee stock ownership plan in 2025, with no more than 56 participants, aiming to raise a total of no more than 7.926 million yuan. The source of the shares will be the company's repurchased A-share common stock, with a quantity not exceeding 300,000 shares, accounting for 0.34% of the company's total share capital. The repurchase price of the shares is 26.42 yuan/share" datetime: "2025-09-26T12:01:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259061495.md) - [en](https://longbridge.com/en/news/259061495.md) - [zh-HK](https://longbridge.com/zh-HK/news/259061495.md) generator: "portal-rs" --- # ASEM plans to launch an employee stock ownership plan in 2025 According to the Zhitong Finance APP, ASEM (688720.SH) disclosed the draft of the employee stock ownership plan for 2025, with a total number of participants not exceeding 56 at the initial establishment. The total amount of funds to be raised for the employee stock ownership plan is not expected to exceed 7.926 million yuan. The source of the stocks for the employee stock ownership plan will be the company's repurchased A-share common stock from the dedicated securities account, totaling no more than 300,000 shares, accounting for approximately 0.34% of the company's existing total equity. The purchase price for the repurchased stocks in the employee stock ownership plan is 26.42 yuan per share ### Related Stocks - [688720.CN](https://longbridge.com/en/quote/688720.CN.md) ## Related News & Research - [JCET Reports 79.4% YoY Growth in H1 2026 Net Profit Attributable to Shareholders, Accelerates Advanced Packaging Expansion](https://longbridge.com/en/news/296514861.md) - [EDM Announces Results of the Annual General Meeting | EDMFF Stock News](https://longbridge.com/en/news/296781083.md) - [JCET Group : H1 2026 saw strong profit and revenue growth, led by AI and advanced packaging demand](https://longbridge.com/en/news/296504529.md) - [16:30 ETChase Corporation Acquires Hylomar](https://longbridge.com/en/news/296826262.md) - [Cheng Shin Rubber: 2026H1 net income surged 43.8% year-over-year, driven by higher revenue and improved margins](https://longbridge.com/en/news/296745040.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**