TKD Science and Technology (603738.SH) plans to launch an employee stock ownership plan in 2024, with a size not exceeding 7.65 million shares.

TKD Science and Technology (603738.SH) disclosed a draft of the employee stock ownership plan for the year 2024. The total number of employees eligible to participate in the plan will not exceed 235, including no more than 9 directors (excluding independent directors), supervisors, and senior managers of the company. The stock for the employee stock ownership plan will come from shares repurchased and held in the company's designated account, with a stock size not exceeding 7.65 million shares, approximately 1.96% of the company's current total share capital. The price at which employees will acquire the repurchased shares from the company is 8 yuan per share.