BYD advances 2025 employee stock ownership plan

BYD Co., Ltd. (SZSE:002594) is moving forward with its 2025 employee stock ownership plan, having received a favorable legal opinion from Zhong Lun (Shenzhen) Law Firm. The plan, involving no more than 25,000 employees including supervisory staff, senior management, and core personnel of BYD Group, adheres to relevant laws and regulations, including the "Guidance on Pilot Programs for Employee Stock Ownership Plans of Listed Companies" and the "Shenzhen Stock Exchange Listed Companies Self-Regulation Regulatory Guidelines No. 1".