Haite(SZ:002023) Shang Hai Zheng Quan Bao·2025-09-01 21:47Core Viewpoint - The company has successfully completed the non-trading transfer of shares under its 2025 Employee Stock Ownership Plan (ESOP), with a total of 6,699,954 shares transferred, representing 0.90% of the company's total share capital [1][2]. Group 1: Employee Stock Ownership Plan Overview - The company convened its board meeting on August 6, 2025, and the first extraordinary shareholders' meeting on August 22, 2025, to approve the ESOP and related proposals [1]. - The ESOP was funded through a share buyback program, with a total expenditure of approximately RMB 70.91 million (around USD 10.1 million) for the repurchase of shares at prices ranging from RMB 9.99 to RMB 11.42 per share [1][2]. - The total amount of funds raised through the ESOP was approximately RMB 37.99 million (around USD 5.3 million), with no financial assistance provided to participants [4]. Group 2: Share Transfer and Account Management - The dedicated securities account for the ESOP was established on August 26, 2025, with the account number "0899494957" [3]. - The non-trading transfer of shares was completed on August 29, 2025, with the entire amount of shares now held in the ESOP account [6]. - The ESOP has a maximum duration of 48 months, with a lock-up period of 12 months for the acquired shares, after which the shares will be distributed based on performance metrics [6]. Group 3: Related Party Transactions and Governance - The company's controlling shareholders and actual controllers did not participate in the ESOP, and there are no agreements for concerted action with them [7]. - The board members and senior management who hold shares in the ESOP recused themselves from voting on related proposals [7]. Group 4: Accounting Treatment - The company will follow relevant accounting standards for the ESOP, and the impact on financial results will be determined by the annual audit report from the accounting firm [8]. Group 5: Future Developments - The company will continue to monitor the implementation of the ESOP and fulfill its information disclosure obligations in a timely manner [9].