Monalisa(SZ:002918) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-01 05:23Core Viewpoint - The company has implemented its first employee stock ownership plan, which is set to expire on March 31, 2026, and has provided updates on the plan's status and future arrangements [1][3]. Group 1: Employee Stock Ownership Plan Implementation - The company approved the first employee stock ownership plan during board meetings held on February 28, 2022, and March 16, 2022 [1]. - As of March 30, 2022, the company transferred 4.020048 million shares to the employee stock ownership plan account [1]. - The first lock-up period of the employee stock ownership plan ended on March 31, 2023, with subsequent lock-up periods scheduled to end on March 31, 2024, and March 31, 2025 [2]. Group 2: Current Holdings and Future Arrangements - As of the announcement date, the employee stock ownership plan holds 237,276 shares, representing 0.20% of the company's total share capital [2]. - The management committee will decide on the disposal of shares based on market conditions and the management mechanism of the employee stock ownership plan [3]. - The plan will adhere to trading regulations and will not trade shares during specified periods, including before the announcement of annual and quarterly reports [3][4]. Group 3: Plan Duration, Changes, and Termination - The employee stock ownership plan has a duration of 48 months, starting from the date of the last stock transfer to the plan [6]. - The plan can be extended if approved by two-thirds of the participants and the board of directors [6][8]. - The plan will automatically terminate upon expiration unless extended or if all shares are sold [7][8]. Group 4: Ongoing Monitoring and Disclosure - The company will continuously monitor the implementation of the employee stock ownership plan and fulfill its disclosure obligations as required by law [9].