冠城大通新材料股份有限公司关于第一期员工持股计划股票出售完毕暨终止的公告

Core Viewpoint - The first employee stock ownership plan of Guancheng Datong New Materials Co., Ltd. has been fully executed and terminated, with all shares sold as per the plan's regulations [1][3]. Summary by Sections Basic Information of the Employee Stock Ownership Plan - The first employee stock ownership plan was approved by the board on July 9, 2015, and the shareholders' meeting on July 27, 2015 [1][2]. - The plan involved the purchase of 29,640,531 shares at an average price of approximately RMB 7.77 per share [2]. Stock Sale and Future Arrangements - As of the announcement date, all shares held under the employee stock ownership plan have been sold through centralized bidding [3]. - The company adhered to market trading rules and regulations, ensuring no insider trading occurred during the plan's implementation [3]. - The plan will now proceed to asset liquidation and distribution as per the relevant regulations following its termination [3].