Carthane(SH:603037) Zheng Quan Zhi Xing·2025-07-07 09:06Core Points - The employee stock ownership plan (ESOP) of Shanghai Kaizhong Materials Technology Co., Ltd. is set to expire on January 5, 2026 [2][3] - The company has transferred 2.18 million shares to the ESOP account at a price of 8.51 yuan per share, with a total of 2.9939 million shares currently held in the plan, representing approximately 11.15% of the total share capital [2][3] Summary by Sections Employee Stock Ownership Plan Status - The ESOP was approved in meetings held on October 25, 2022, and November 15, 2022 [1] - As of the announcement date, the ESOP holds 2.9939 million shares after adjustments for rights distributions [2] Arrangements Before Expiration - The management committee will decide on the compliant disposal of rights before the expiration of the ESOP [3] - The ESOP can be extended if approved by the board and shareholders [3] Changes and Termination of the Plan - Any changes to the ESOP require a two-thirds majority approval from the holders and subsequent board and shareholder approval [3] - The ESOP can be terminated early with similar approval [3] Other Information - The company will continue to monitor the implementation of the ESOP and fulfill disclosure obligations as required by law [3]