Zhejiang Jiuli Hi-Tech Metals (002318.SZ) Proposes First Employee Stock Ownership Plan for 2025, Targeting Up to 18 Million Shares

Stock News11-18

Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ) has unveiled the draft of its first employee stock ownership plan (ESOP) for 2025. The shares for the ESOP will be sourced from the company's repurchased stock held in a dedicated account, to be transferred via non-trading methods permitted by laws and regulations. The total number of shares involved is capped at 18,003,377 (including reserved portions), with the purchase price set at 13.66 yuan per share.

The plan will include no more than 950 employees (excluding reserved allocations), among whom five are directors and senior executives. The ESOP will have a duration of 60 months, starting from the date of the last share transfer to the plan. Additionally, the acquired shares will be locked for 12 months from the same transfer date.

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