Tonghua Dongbao proposes new employee stock ownership plan

Tonghua Dongbao Pharmaceutical Co., Ltd. will convene its second extraordinary general meeting of shareholders on September 18, 2025, to deliberate on a proposed employee stock ownership plan for 2025. The plan is designed to boost employee engagement and company competitiveness, seeking to closely link the interests of shareholders, the company, and employees, promoting sustainable development.

The proposed plan targets key personnel, including directors (excluding independent directors), supervisors, senior management, and core technical/business staff. The initial grant portion of the plan will involve up to 77 participants, with five individuals from the board, supervisory board, and senior management. These five individuals are allocated 224,000 shares, representing 20.221% of the total plan shares and 0.114% of the company's total share capital.

An additional 705,000 shares, or 63.641% of the plan's total, are designated for up to 72 core technical/business staff, representing 0.360% of the total share capital. The plan also includes a reserved portion of up to 178,782 shares, accounting for 16.139% of the total plan shares and 0.091% of the company's current share capital, to attract and retain talent. Shareholders will also vote on a management method for the plan and authorize the board to handle related matters.