FilingReader Intelligence
Yongxing Special Materials launches employee stock ownership plan
July 14, 2025 at 12:07 PM UTC•By FilingReader AI
Yongxing Special Materials Technology has transferred 2,149,000 shares to its 2025 employee stock ownership plan, representing 0.40% of total share capital.
Employees subscribed for 34.2 million yuan worth of shares at 15.90 yuan per share, a significant discount to the company's share repurchase range of 31.41-53.05 yuan per share.
The plan runs for 36 months with a minimum 12-month lock-up period.
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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