Yongxing Special Materials announces employee stock ownership plan

** Yongxing Special Materials Technology (SZSE:002756) today announced the approval of its 2025 Employee Stock Ownership Plan at the 16th Extraordinary Meeting of its Sixth Board of Directors. The plan, designed to enhance corporate governance and incentivize employees, involves a buyback of no more than 2.5 million A-shares, representing 0.46% of the company’s total share capital. The shares will be sourced from the company's repurchase account and granted to eligible employees at a price of CNY 15.90 per share. Participants include directors, supervisors, senior management, core management, and key technical personnel.