Summary by Futu AI
Haier SmartHome Co., Ltd. announced on July 2, 2024 that its core employee stock ownership plan for its A and H shares for the year 2024 has made progress. The plan aims to enhance employees' sense of belonging and motivation to the company through employee stock ownership. The A-share plan will purchase approximately 31.26 million shares at an average purchase price of RMB 22.58/share, with a total amount of approximately RMB 706 million. The H-share plan will be managed by Xingzheng Securities Asset Management Co., Ltd., with a total fund of RMB 68 million for stock purchases. The purchase of both plans' stocks will be completed within 6 months after the 2023 annual shareholders meeting. The company emphasized that it will strictly comply with relevant laws and regulations and fulfil its information disclosure obligations in a timely manner.