Guangdong Topstar Technology (300607.SZ) disclosed a draft of its 2025 employee stock ownership plan (ESOP). The total fundraising cap for the ESOP is set at RMB 31.6583 million. The shares will be sourced from the company's repurchased A-shares held in a dedicated securities account, with an offering price of RMB 14.87 per share.
The ESOP will have a duration of 60 months, calculated from the date when the last batch of shares is transferred to the plan. Additionally, there will be a 12-month lock-up period starting from the same transfer date.
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