CTI plans to launch the fourth employee stock ownership plan, expected to be no more than 5 million shares
CTI plans to launch the fourth employee stock ownership plan, with a fundraising cap expected to be 71.05 million yuan, repurchasing no more than 5 million shares. The participants include the company's senior management, supervisors, and core business personnel, with a total number not exceeding 600 people. The duration of the plan is 24 months, calculated from the date of approval by the shareholders' meeting, and will automatically terminate if not extended upon expiration
According to the Zhitong Finance APP, CTI (300012.SZ) disclosed the draft of the fourth employee stock ownership plan, which aims to raise a total funding limit of 71.05 million yuan. After approval by the company's shareholders' meeting, the shares in the repurchase special securities account will be transferred to this employee stock ownership plan through non-trading transfers and other methods permitted by laws and regulations. The total number of shares for this employee stock ownership plan will not exceed 5 million shares. The participants in this employee stock ownership plan will include the company's senior management, supervisors, and core business personnel, with a total number not exceeding 600 people.
The duration of this employee stock ownership plan is 24 months, calculated from the date of approval of this plan by the shareholders' meeting. If the plan is not extended upon expiration of the duration, it will automatically terminate
