Gelonghui, February 20 | Sifangda (300179.SZ) announced the fifth employee stock ownership plan (draft). The current employee stock ownership plan (including reserved share) will transfer and hold the shares repurchased by the company earlier at 3.37 yuan/share. The total number of shares in the current employee stock ownership plan is 1,733,100 shares, accounting for 0.3567% of the company's total share capital of 485,908,830 shares. Of these, 1,386,500 shares were transferred for the first time, and 346,600 shares were reserved. The reserved shares were not transferred until the holder of the reserved share was determined.
A total of 66 directors, supervisors, senior management, and core executives of the company and subsidiaries who have signed labor or employment contracts with the company are participating in this employee stock ownership plan (excluding reserved shares).
The current employee stock ownership plan lasts 96 months, starting from the last transfer of the underlying stock to which shares were first granted until the date under the current employee stock ownership plan.