Digital China Group (000034.SZ) Proposes 2025 Employee Stock Ownership Plan

Stock News11-13

Digital China Group Co.,Ltd. (000034.SZ) has disclosed a draft of its 2025 Employee Stock Ownership Plan (ESOP). The initial plan will cover no more than 945 participants, with a total fundraising cap of CNY 360.22 million. Funding sources include the company's incentive fund, employee contributions, social financing, and other legally permitted methods. Employee contributions are capped at CNY 265.47 million (excluding reserved portions). The incentive fund will be allocated according to the company's compensation management policies.

The ESOP's shares will come from the company's repurchased A-shares held in a dedicated securities account. The shares will be transferred to the ESOP through non-trading methods permitted by regulations. The plan involves no more than 9.77 million shares, representing approximately 1.3505% of the company's total share capital as of the draft announcement date.

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