FilingReader Intelligence

Henan Zhongfu employees acquire 6.7% stake through ownership plan

July 21, 2025 at 11:10 AM UTCBy FilingReader AI

Henan Zhongfu Industry's employee stock ownership plan acquired 259.6 million shares representing 6.48% of total share capital from a bankruptcy asset disposal account on March 28.

The plan also purchased an additional 10.2 million shares through market bidding at an average price of 3.72 yuan per share, worth 38 million yuan.

Combined acquisitions give employees a 6.74% stake in the company.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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