
SHANSHUI TECH plans to launch an employee stock ownership plan in 2025

SHANSHUI TECH plans to implement an employee stock ownership plan in 2025, involving 131 participating employees and a maximum of 3.7999 million shares, accounting for 1.77% of the company's total share capital. The shares will be sourced from the company's repurchased shares, with a purchase price of 14.48 yuan per share
According to the Zhitong Finance APP, SHANSHUI TECH (301190.SZ) disclosed the draft of its 2025 employee stock ownership plan, with a total of 131 participating employees. The source of the stocks for the employee stock ownership plan will be the company shares repurchased from the company's dedicated repurchase account. The employee stock ownership plan will acquire the company's repurchased A-shares stored in a dedicated securities account through legal methods allowed by laws and regulations, totaling no more than 3.7999 million shares, accounting for 1.77% of the company's current total equity. The purchase price for the repurchased stocks in the employee stock ownership plan is 14.48 yuan per share

