Keda Industrial transfers 48m shares to employee plan

Keda Industrial completed the transfer of 48.03 million shares valued at 3.95 yuan each to its 2025 employee stock ownership plan, representing 2.50% of total share capital.

The plan involves 387 employees subscribing to 189.7 million units worth 189.7 million yuan total. Shares unlock in phases over three years subject to performance assessments.