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Xuelang Environment progresses with employee stock ownership plan

February 17, 2025 at 05:48 PM UTCBy FilingReader AI

Wuxi Xuelang Environmental Technology (SZSE:300385) has announced progress in its first employee stock ownership plan. Approved in December 2024, the plan has seen participation from 133 employees, raising a total of 7,213,000 yuan, establishing a plan size of 7,213,000 shares (1 yuan/share). Key participants include Chairman Xie Wutao (105 shares, 14.56%), GM Song Xin (40 shares, 5.55%), Deputy GMs Gu Zhengyi and Wang Chongbiao (30 shares, 4.16% each). Directors, supervisors, and senior executives account for 215 shares in total (29.81%). The company has completed the opening of a securities account dedicated to the employee stock ownership plan with China Securities Depository and Clearing Corporation Limited Shenzhen Branch. As of the announcement date, the first phase of the employee stock ownership plan has not yet purchased the company's stock through the secondary market. The company will continue to focus on the implementation progress of the employee stock ownership plan, and timely fulfill information disclosure obligations in accordance with relevant regulations.

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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