On December 27, Gelonghui announced that Baitong Energy (001376.SZ) published the draft of its 2024 employee stock ownership plan. The stocks for this employee stock ownership plan come from ordinary A-shares of Baitong Energy repurchased through a dedicated account. The number of stocks intended to be held in this employee stock ownership plan does not exceed 1.8 million shares, approximately 0.39% of the company's total equity of 460.9 million shares as of the publication date of the plan draft.
The purchase price for the repurchased shares in this employee stock ownership plan is 7.63 yuan/share. The total fundraising limit for this employee stock ownership plan is capped at 13.734 million yuan, with each subscription unit set at 1.00 yuan.
The duration of this employee stock ownership plan does not exceed 48 months, and the lock-up period for the acquired stocks is 12 months, calculated from the date the company announces the final transfer of the symbol stocks to the employee stock ownership plan.
In order to meet the company's medium and long-term strategic goals while continually attracting and retaining outstanding talent, this employee stock ownership plan intends to set aside reserved symbol stocks, with the corresponding number of symbol stocks not exceeding 0.417 million shares, accounting for 23.17% of the number of symbol stocks intended to be held in this employee stock ownership plan.
