Iflytek (002230.SZ) Proposes Second Employee Stock Ownership Plan, Total Fundraising Not to Exceed 206 Million Yuan

Stock News01-09

Iflytek Co.,Ltd. (002230.SZ) has disclosed details of its second employee stock ownership plan. The total number of participants in the company's employee stock ownership plan is expected to be no more than 2,000 individuals. The total number of shares to be transferred is estimated not to exceed 8.3941 million, representing approximately 0.36% of the company's current total share capital. The price for the employee stock ownership plan to acquire the company's repurchased shares is set at 24.59 yuan per share, with the upper limit for the total funds to be raised set at 206 million yuan. The duration of this employee stock ownership plan is 60 months, calculated from the date the company announces the transfer of the final batch of target shares to the plan.

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(002230.SZ) has disclosed details of its second employee stock ownership plan. The total number of participants in the company's employee stock ownership plan is expected to be no more than 2,000 individuals. The total number of shares to be transferred is estimated not to exceed 8.3941 million, representing approximately 0.36% of the company's current total share capital. The price for the employee stock ownership plan to acquire the company's repurchased shares is set at 24.59 yuan per share, with the upper limit for the total funds to be raised set at 206 million yuan. 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