Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-28 01:16Group 1 - The first meeting of the 2025 Employee Stock Ownership Plan (ESOP) was held on February 27, 2026, with 38 participants representing 67,750,000 shares, accounting for 94.76% of the total plan shares [2] - The meeting approved the establishment of a management committee for the 2025 ESOP to ensure smooth operation and protect the rights of shareholders, with 99.41% voting in favor [3] - The committee consists of five members, including the chairperson, and will manage the ESOP throughout its duration [4] Group 2 - The meeting also elected committee members and authorized the committee to handle various matters related to the ESOP, with 99.41% voting in favor [4][6] - The authorized responsibilities include convening meetings, supervising daily management, handling share allocation, and representing shareholders in exercising rights [5] - The ESOP is funded by an incentive fund and employee compensation, with a total amount not exceeding 80 million yuan [8] Group 3 - As of the announcement date, the ESOP has not yet begun purchasing shares from the secondary market, holding 418,643 shares, which is 0.005% of the total share capital [9] - The shares were transferred to the ESOP account at a price of 21.83 yuan per share on January 23, 2026 [8]