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Zhejiang Longsheng (600352): Disclosure Of Employee Stock Ownership Plan 2020 (Draft)

2020/5/8 11:23:00 2

Zhejiang LongshengTextile StocksThe Latest Announcement

Zhejiang Longsheng (600352.SH) disclosed the employee stock ownership plan (Draft) in 2020. The total planned share of the ESOP was not more than 336 million 700 thousand, and the total amount of funds was not more than 673 million yuan. The amount of participants who subscribe for ESOP comes from their legitimate remuneration, self financing and other legitimate channels.

The total number of employees participating in the ESOP is 7, including directors (independent directors) and senior managers.

Employee stock ownership plan stock source: Company repurchase special account repurchase company stock.

The price of the ESOP purchase buyback stock is 80% of the average stock price of the company on the first 20 trading days of the board of directors (May 7, 2020), that is, the price of the share repurchase company's repurchase stock is 9.61 yuan / share.

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