Core Viewpoint - The announcement details the completion and termination of the first employee stock ownership plan of Changzhou Tenglong Automotive Parts Co., Ltd, indicating compliance with relevant regulations and the absence of insider trading activities [1][4]. Group 1: Employee Stock Ownership Plan Overview - The first employee stock ownership plan was approved during meetings held on April 27, 2022, and May 18, 2022, with legal and financial advisory support [1][2]. - The company acquired 4,360,000 shares through a non-trading transfer to the dedicated account for the employee stock ownership plan on June 7, 2022, which increased to 6,104,000 shares after a stock dividend distribution [2]. Group 2: Plan Adjustments and Termination - On April 26, 2024, the company adjusted the performance assessment indicators for the employee stock ownership plan, as approved in a board meeting [2]. - The board meeting on July 22, 2025, approved the repurchase and cancellation of 29,158 unvested shares from the employee stock ownership plan, which was completed by October 28, 2025 [3]. - As of the announcement date, all shares held under the employee stock ownership plan have been sold, and the plan has been officially terminated, adhering to market trading rules [4].
常州腾龙汽车零部件股份有限公司关于第一期员工持股计划股票出售完毕暨终止的公告