On June 5th, Gelon Hui reported that Proming Technology (688109.SH) announced the 2024 employee stock ownership plan. The participants in this employee stock ownership plan include the company's directors (excluding independent directors), supervisors, senior management, core technical personnel, and other employees identified by the board of directors. The initial number of participants in this employee shareholding plan is expected to be no more than 53 people. The shares of this employee stock ownership plan are sourced from the company's repurchase of A-share common stocks through the company's designated account. The total number of shares planned to be acquired by this employee stock ownership plan is 657,000 shares, accounting for approximately 0.83% of the company's current total share capital of 78,842,300 shares.
The purchase price of the company's repurchased shares for this employee stock ownership plan is RMB 15.48/share, which is 50.00% of the average trading price of the company's stock on the 20 trading days prior to the announcement of this employee stock ownership plan draft. After the implementation of this employee stock ownership plan, the total number of shares held by all of the company's valid employee stock ownership plans does not exceed 10% of the total share capital of the company, and the total number of shares corresponding to the shareholding plan held by a single holder does not exceed 1% of the total share capital of the company.