Zhejiang Rongtai plans to launch an employee stock ownership plan in 2025
Zhejiang Rongtai announced the draft of the 2025 employee stock ownership plan, with a planned participation of no more than 150 people. The shares will come from the company's repurchased A-share common stock. The planned number of shares to be held is no more than 1,012,290 shares, accounting for 0.28% of the company's total share capital. The fundraising limit is 56.0303 million yuan, with each subscription unit priced at 1.00 yuan, and the repurchase price of the shares is 55.35 yuan/share
According to the Zhitong Finance APP, Zhejiang Rongtai (603119.SH) has disclosed the employee stock ownership plan (draft) for 2025, which will initially have no more than 150 participants (excluding reserved shares). The stocks for the employee stock ownership plan will come from the company's repurchase special account for Zhejiang Rongtai A-share common stock. The number of shares intended to be held under the employee stock ownership plan will not exceed 1,012,290 shares, accounting for approximately 0.28% of the company's total equity as of the announcement date of the draft plan.
The total amount of funds to be raised by this employee stock ownership plan is capped at 56.0303 million yuan, with "units" as the subscription unit, each unit priced at 1.00 yuan, and the specific number of units determined based on the actual contribution amount. The purchase price for the repurchased shares under the employee stock ownership plan is 55.35 yuan/share
