Gelonghui, January 17丨Jitai Co., Ltd. (002909.SZ) announced the fourth phase of the employee stock ownership plan (draft). The capital size of the employee stock ownership plan does not exceed 7.089 million yuan. The funding sources are funds obtained from employees' legal remuneration, self-financing, and other methods permitted by laws and regulations.

The source of the employee's shareholding plan is Jitai's A-share common stock shares that have already been repurchased in the company's special account. The shareholding size does not exceed 1,0904.06 million shares. The maximum shareholding size accounts for 0.27% of the company's total share capital on the date the draft employee share ownership plan was announced.

The price of the employee's share ownership plan to buy back the company's shares is 6.5 yuan/share. This price is based on factors such as the company's share repurchase situation, market price, and employee shareholding incentives.

The target scope of participation in this employee shareholding plan is directors (excluding independent directors), supervisors, senior management personnel and key employees of the company (including holding subsidiaries), or key employees determined by the board of directors to have made a special contribution to the company's development (hereinafter referred to as “holders”). The total number of participants is not more than 51. The specific number of participants and the list will be determined based on the actual participation and payment status of employees.

The employee's shareholding plan lasts for 36 months, starting from the date the draft plan was reviewed and approved by the company's shareholders' meeting and the company announced the last transfer of the underlying stock until the employee's shareholding plan was announced.