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Chinese auto parts company launches employee stock plan

July 10, 2025 at 05:16 PM UTCBy FilingReader AI

Zhejiang Shuanghuan Driveline has unveiled its 2025 Employee Stock Ownership Plan targeting up to 358 employees, including directors and senior management. The 36-month plan sets a purchase price of 15.78 yuan per share with a total fund of up to 16.4 billion yuan. The plan requires shareholder approval at a meeting scheduled for July 29, 2025.

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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