Antong Holdings(SH:600179) Shang Hai Zheng Quan Bao·2025-11-21 19:30Core Viewpoint - The announcement details the third unlocking phase of the 2022 employee stock ownership plan of Antong Holdings, which is set to expire on November 22, 2025, allowing for the release of 9,298,750 shares, representing 0.2197% of the company's total share capital [4]. Group 1: Implementation of the Employee Stock Ownership Plan - The 2022 employee stock ownership plan was approved by the board on April 28 and May 20, 2022, with shares sourced from the company's repurchased A-shares [1]. - As of November 21, 2022, the company transferred 37,195,000 shares to the employee stock ownership plan account, accounting for 0.8790% of the total share capital, at a price of 4.033 yuan per share [2]. Group 2: Unlocking Phases - The first and second unlocking phases of the employee stock ownership plan occurred on November 22, 2023, and November 22, 2024, respectively, releasing a total of 18,597,500 shares, which is 0.4395% of the current total share capital [3]. - The third unlocking phase will release 9,298,750 shares, which is 0.2197% of the total share capital, on November 22, 2025 [4]. Group 3: Future Arrangements - Currently, the employee stock ownership plan holds 37,195,000 shares, representing 0.8790% of the total share capital, with future sales to be determined by the management committee based on market conditions [5]. Group 4: Trading Restrictions - The employee stock ownership plan will adhere to market trading rules and will not trade shares during specific periods, including 15 days before annual and semi-annual report announcements and 5 days before quarterly report announcements [6]. Group 5: Duration and Termination of the Plan - The employee stock ownership plan has a duration of 60 months, starting from the last transfer of shares to the plan [7]. - The plan can be extended if two-thirds of the holders agree, and it will terminate automatically if not extended after the duration ends [7].