On December 13, Ge Longhui Home (603389.SH) announced the first phase of the employee stock ownership plan (draft). The source of the shares in the employee stock ownership plan is Yazhen Home's A-share common stock shares purchased from the company's special account. The number of underlying shares to be held by the employee's shareholding plan shall not exceed 1.28538 million shares, accounting for approximately 0.49% of the company's total share capital of 262.752 million shares on the day the draft employee's shareholding plan was announced. After the implementation of the employee's shareholding plan, the total number of shares held by all effective employee shareholding plans of the company shall not exceed 10% of the total share capital of the company; the total number of shares corresponding to the share equity obtained by a single employee through all valid employee shareholding plans shall not exceed 1% of the total share capital of the company.

The maximum amount of capital to be raised in the employee's shareholding plan is 8.869122 million yuan. Using “shares” as the subscription unit, each share is 1.00 yuan. The specific share is determined based on the actual investment amount. The price of the employee stock ownership plan to buy back shares is 6.90 yuan/share (including reserved shares).