Beingmate Co., Ltd (002570.SZ) plans to launch the fifth phase of its employee stock ownership plan.

Beingmate Co., Ltd (002570.SZ) has announced the fifth employee stock ownership plan (draft). The employee stock ownership plan aims to raise a total amount of funds not exceeding 25 million yuan, with "shares" as the unit, and each share being 1 yuan. The source of the stock in the ownership plan is the shares repurchased by the company's repurchase special account. The price at which employees are allowed to purchase the company's repurchased shares is 2.5 yuan per share, with a total stock size of not more than 10 million shares, accounting for approximately 0.93% of the company's total shares. The duration of the employee stock ownership plan is 24 months, calculated from the date of the last transfer of the company's announced target shares to the ownership plan. With the approval of more than 2/3 of the shares held by the holder assembly and the approval of the board of directors, the duration of the employee stock ownership plan can be extended.