Hundsun(SH:600570) Zheng Quan Zhi Xing·2025-08-22 14:17Core Viewpoint - The company has established a 2025 Employee Stock Ownership Plan (ESOP) aimed at enhancing employee engagement, improving corporate governance, and promoting long-term sustainable development [1][2]. Group 1: Purpose and Principles of the Employee Stock Ownership Plan - The ESOP aims to create a mechanism for sharing interests between employees and shareholders, thereby improving company governance and competitiveness [1][2]. - The plan adheres to principles of legality, voluntary participation, and risk-bearing by participants [2][3]. Group 2: Participants and Allocation - The ESOP includes up to 99 participants, consisting of directors (excluding independent directors), supervisors, senior management, and key employees [3][4]. - The total number of shares to be subscribed under the plan is capped at 1,267,500 shares, representing 0.07% of the company's total share capital [4][7]. Group 3: Funding and Stock Sources - The total funding for the ESOP is limited to 24.0698 million yuan, with a maximum subscription price of 18.99 yuan per share [5][7]. - The shares will be sourced from the company's repurchased stock, with the final number of shares depending on actual contributions from participants [5][6]. Group 4: Lock-up Period and Performance Assessment - The lock-up period for the shares is set at 12, 24, and 36 months, with specific unlocking conditions based on company performance [9][10]. - Performance targets are established for the years 2025 to 2027, requiring a minimum net profit growth rate of 10% each year [10][11]. Group 5: Management and Governance - The ESOP will be managed by a committee elected by the participants, ensuring oversight and representation of their interests [12][13]. - The management committee is responsible for daily operations, including share registration and distribution of benefits [15][18].