JYPC(SZ:002198) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-12 22:59Core Viewpoint - The company has approved an employee stock ownership plan (ESOP) aimed at enhancing employee engagement and aligning their interests with shareholders through stock ownership [1][2]. Group 1: Employee Stock Ownership Plan Approval - The company held a board meeting on December 12, 2024, and a shareholder meeting on December 30, 2024, to approve the ESOP and related management measures [1]. - The board authorized the management to handle matters related to the ESOP implementation [1]. Group 2: Stock Buyback Details - The company plans to repurchase between 7 million and 13.5 million shares of its A-shares, with a maximum buyback price of 9.80 yuan per share, totaling up to 132.3 million yuan [2]. - The actual buyback completed was 10,396,000 shares, costing approximately 69.99 million yuan [2]. Group 3: Fundraising and Subscription Details - The ESOP aims to raise a total of up to 46.68 million yuan, with a subscription price of 4.49 yuan per share, allowing for the purchase of up to 10.396 million shares [4]. - The actual funds raised amounted to 31.74 million yuan, with 29 employees participating in the subscription [4]. Group 4: Share Transfer and Accounting - As of February 12, 2026, 7,070,000 shares were transferred to the ESOP account, representing 1.393% of the company's total share capital [5]. - The company will follow accounting standards for share-based payments to assess the impact of the ESOP on its financial results [7]. Group 5: Independence and Governance - The first major shareholder did not participate in the ESOP, ensuring no conflict of interest [6]. - The ESOP holders are independent from the company's major shareholders and management, with a governance structure that prevents any single holder from exerting significant influence [6].