Core Viewpoint - The company, Suzhou Guangge Technology Co., Ltd., has proposed an employee stock ownership plan (ESOP) for 2025 aimed at enhancing employee engagement and aligning their interests with shareholders [1][9][16]. Group 1: Purpose and Principles of the Employee Stock Ownership Plan - The ESOP aims to establish a profit-sharing mechanism between employees and shareholders, improve corporate governance, and enhance employee motivation and creativity for sustainable development [9][16]. - The plan is based on voluntary participation, ensuring that no employee is forced to join, and emphasizes that participants bear their own investment risks [9][10]. Group 2: Participants and Funding - The plan will involve a maximum of 54 employees, including directors, senior management, and core technical personnel, with specific participation based on actual contributions [10][11]. - The total amount to be raised through the ESOP is capped at 8.5365 million yuan, with each unit priced at 1 yuan, allowing for a maximum of 8.5365 million units [11][12]. Group 3: Stock Acquisition and Pricing - The stocks for the ESOP will be sourced from the company's repurchased shares, with a maximum of 569,100 shares, representing 0.86% of the total share capital [12][20]. - The acquisition price for the shares will be set at 15.00 yuan per share, which is approximately 50.37% of the average trading price on the day before the announcement [14][15]. Group 4: Lock-up and Performance Assessment - The plan includes a lock-up period with shares being unlocked in three phases: 30% after 12 months, 30% after 24 months, and 40% after 36 months, contingent on meeting performance targets [21][22]. - Performance targets are set for revenue growth, with specific annual growth rates of 30%, 40%, and 60% for the years 2025, 2026, and 2027, respectively [24][26]. Group 5: Management and Governance - The ESOP will be managed by a dedicated management committee, which will oversee daily operations and ensure the protection of participants' rights [27][28]. - A holder meeting will serve as the internal governance body, allowing participants to vote on key decisions regarding the ESOP [29][30].
光格科技: 2025年员工持股计划（草案）摘要