Shanghai Laiyifen Co.,Ltd. (603777.SH) disclosed the draft of its third employee stock ownership plan (ESOP). The plan will initially include no more than 5 participants. The shares for the ownership plan will be sourced from the company's dedicated share repurchase account of A-shares. The ESOP is expected to hold no more than 3 million shares of the company, representing no more than 0.90% of the company's current total share capital. The transfer price for the ownership plan is set at 6.91 yuan per share.
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