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Huafu Fashion (SZSE:002042) Is Carrying A Fair Bit Of Debt
huafu fashion (002042.SZ): Intends to launch the fourth phase of employee stock ownership plan
Gelonghui December 4th - Huafu Fashion (002042.SZ) announced the fourth phase of the employee stock ownership plan (draft). The source of the shares in this employee stock ownership plan is the shares repurchased by the company's repurchase account, with a total size not exceeding 29.8 million shares, accounting for approximately 1.75% of the total share capital of the company as of the date of the announcement of this employee stock ownership plan draft. The total maximum amount is not more than 0.1 billion yuan. The price at which the participants in this employee stock ownership plan acquire the company's repurchased shares is 2.29 yuan per share. The participants in this employee stock ownership plan include senior management of the company, business and technical backbone of the company and its subsidiaries, and the participants need to be confirmed by the board of directors.
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