Focus Media: Employee stock plan nears expiration; guarantee announced
Focus Media Information Technology [SZSE:002027] is reminding investors that its second employee stock ownership plan is set to expire on January 11, 2026. As the plan nears its end, the management committee will decide whether to sell shares, pursue alternative arrangements, and allocate/liquidate assets according to plan guidelines and market conditions. As of the announcement, the employee stock ownership plan holds 2,020,000 company shares, accounting for approximately 0.014% of Focus Media's total equity. Separately, Focus Media also announced it is guaranteeing a loan for its overseas subsidiary, TARGET MEDIA HONG KONG LIMITED. Shanghai Depeak Advertising & Communication Co., Ltd. is providing a guarantee and collateral for a loan to a Hong Kong subsidiary worth CNY 50,000,000.
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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