Gelonghui on November 15th | Changzhou Xingyu Automotive Lighting Systems (601799.SH) announced the employee stock ownership plan for 2024. The source of the shares in this employee stock ownership plan is the company's repurchased common shares of company A shares from the company's special repurchase account, with a total of no more than 540,000 shares, accounting for approximately 0.19% of the total share capital of the company at the time of the announcement of this employee stock ownership plan draft.
The employee stock ownership plan in this round uses "units" as the subscription unit, with each unit priced at 1 yuan. The upper limit of units in the stock ownership plan is 38.88 million units. The number of company shares held by any holder corresponding to the units of this employee stock ownership plan does not exceed 1% of the total share capital of the company. The specific unit holdings of the holders in this employee stock ownership plan will be determined based on the actual payment by the employees.
After the implementation of this employee stock ownership plan, the total number of shares held by all effective employee stock ownership plans of the company does not exceed 10% of the total share capital of the company. The total number of shares corresponding to the unit holdings of a single employee in this employee stock ownership plan does not exceed 1% of the total share capital of the company.
