Ningbo Xusheng Group (603305.SH) disclosed a draft of its 2025 Employee Stock Ownership Plan (ESOP), with participation capped at 750 employees. The shares for the ESOP will be sourced from the company's repurchased A-shares held in a dedicated securities account.
Upon approval by shareholders, the ESOP will acquire up to 4.9 million shares, representing 0.42% of the company's total outstanding shares, through non-trading transfer or other legally permitted methods. The purchase price for these shares is set at RMB 7.06 per share.
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