YUANLI(SH:603217) Zheng Quan Zhi Xing·2025-08-27 16:41Core Points - The company has established a 2025 Employee Stock Ownership Plan (ESOP) to enhance the alignment of interests between employees and shareholders, improve corporate governance, and boost employee motivation and creativity for sustainable development [1][2] - The ESOP will be implemented in compliance with relevant laws and regulations, ensuring voluntary participation and risk-bearing by employees [2][3] - The total number of employees participating in the ESOP will not exceed 111, with a proposed share allocation of 640,000 shares for directors and senior management, representing 22.22% of the total shares [3][4] Summary by Sections Chapter 1: General Provisions - The ESOP is designed to comply with the Company Law, Securities Law, and other relevant regulations [1] Chapter 2: Formulation of the Employee Stock Ownership Plan - The purpose of the ESOP is to create a profit-sharing mechanism and enhance company competitiveness [2] - The plan adheres to principles of legality, voluntary participation, and risk-bearing by employees [2] Chapter 3: Funding Sources, Stock Sources, Purchase Price, and Scale - The total funds raised for the ESOP will not exceed RMB 27.216 million, with a maximum of 2.88 million shares available for purchase at a price of RMB 9.45 per share [6][8] - The shares will be sourced from the company's repurchased A-shares [7][8] Chapter 4: Duration, Lock-up Period, and Unlocking Arrangements - The ESOP will last for 80 months, with specific unlocking arrangements for shares based on performance metrics [10][11] Chapter 5: Participation in Company Financing - The management committee will decide on participation in financing activities during the ESOP's duration [13] Chapter 6: Management of the Employee Stock Ownership Plan - The ESOP will be managed by a management committee responsible for daily operations and safeguarding participants' rights [14][15] Chapter 7: Changes, Termination, and Rights Disposal - The ESOP can be modified or terminated based on the approval of the majority of participants [20][21] Chapter 8: Supplementary Provisions - The ESOP does not guarantee continued employment for participants, and tax liabilities will be borne by the employees [28][29]