BIO-CHEM(SH:603360) Shang Hai Zheng Quan Bao·2025-11-06 19:30Core Viewpoint - The announcement details the completion and termination of the 2023 Employee Stock Ownership Plan (ESOP) of Dalian Baiao Chemical Co., Ltd., following the successful unlocking of shares after the second lock-up period. Summary by Sections 1. Overview of the 2023 Employee Stock Ownership Plan - The company held meetings on August 28, September 13, and a shareholder meeting to approve the implementation of the 2023 ESOP [1] - The plan involved the transfer of 5,179,522 shares to the ESOP account on October 13, 2023 [2] 2. Shareholder Meetings and Management Committee - A meeting on October 19, 2023, established a management committee for the ESOP to oversee its daily management [2] 3. Share Distribution and Changes in Holdings - The 2023 profit distribution plan included a cash dividend of 0.60 yuan per share and a bonus share distribution of 0.4 shares, increasing the ESOP's holdings from 5,179,522 shares to 7,251,331 shares [2] - Following the first lock-up period, 3,625,665 shares were unlocked and transferred to individual accounts, reducing the ESOP's holdings to 3,625,666 shares [3] 4. Second Lock-up Period and Unlocking - The second lock-up period ended on October 16, 2025, with 5,075,932 shares unlocked and transferred to individual accounts [3][5] - The total number of shares involved in the non-trading transfer was 5,075,932, representing 0.72% of the company's total share capital [5] 5. Conclusion of the Employee Stock Ownership Plan - The ESOP has been fully executed and terminated following the completion of the share transfers, adhering to market regulations and avoiding insider trading [5]