According to the Zhiyitong Financial APP, Shanghai Hejing (688584.SH) disclosed a mid-to-long term employee stock ownership plan (draft), and the scope of participants in this employee stock ownership plan includes directors, supervisors, senior management personnel, and other personnel deemed necessary for incentives by the board of directors who are employed by the company. The source of stocks for the employee stock ownership plan: A-shares of the company obtained through purchases in the secondary market (including bulk trading and centralized bidding) or by other methods permitted by laws and regulations.

The funding source for this employee stock ownership plan is a special fund accrued based on the compensation management related system established according to the review by the company's board of directors' remuneration and assessment committee. The accrual period for the special fund is from 2024 to 2025; the accrued special fund is included in payable employee compensation, and the scale of the financial size of the special fund for this employee stock ownership plan in each year does not exceed 5% of the company's current year's pre-tax net income attributable to shareholders of the listed company (excluding the special fund accrued for this employee stock ownership plan); the accrual amount for the special fund of each phase of the employee stock ownership plan will be determined by the board of directors. The special fund extracted for the first and second phases of the employee stock ownership plan will be recorded as expenses based on the accrual basis principle.