Zangge Holding launches second employee stock ownership plan
Zangge Holding (SZSE:000408) has announced the launch of its Second Phase Employee Stock Ownership Plan, aimed at incentivizing employees and aligning their interests with those of the company's shareholders, as approved at the company's 2024 annual general meeting on April 18, 2025. The plan involves issuing no more than 9,920,991 shares, constituting 0.63% of Zangge Holding's current share capital. Participating employees will purchase these shares at CNY 21.57 per share, with the company not providing any financial assistance.
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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