On November 4th, GeLongHui announced that on November 4th, 2024, the company received the "Confirmation of Securities Transfer Registration" issued by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch. The stocks in the company's repurchase special securities account have been transferred non-traded to the "Jiangsu Yike Food Group Co., Ltd. - 2024 Employee Stock Ownership Plan" securities account on November 4th, 2024. The number of transferred shares is 7.015503 million shares, accounting for 1.56% of the total share capital of the company on the announcement disclosure date. The transfer price is 6 yuan/share.
After the completion of the non-traded transfer of the shares subject to this employee stock ownership plan, the total number of shares held by the company's employee stock ownership plan does not exceed 10% of the total share capital of the company. The cumulative total number of shares corresponding to the stock equity obtained by a single employee does not exceed 1% of the total share capital of the company.
The lock-up period for the shares obtained through non-traded transfer in this employee stock ownership plan is 12 months from the date when the employee stock ownership plan is approved by the company's shareholder meeting and the announcement is made transferring part of the subject shares to the employee stock ownership plan.