Sichuan Yahua Industrial Group (002497.SZ) plans to launch an employee stock ownership plan by 2025.

Sichuan Yahua Industrial Group (002497.SZ) disclosed a draft of the employee stock ownership plan for 2025, with a total of up to 57 employees participating. After approval by the company's shareholders' meeting, the employee stock ownership plan will acquire and hold company shares held in the company's repurchase special securities account through non-trading transfer or other means allowed by laws and regulations, totaling no more than 100,000.54 shares, approximately 0.87% of the company's current total share capital. The specific number of shares held will be determined by the actual amount of contributions from employees. The company will fulfill its disclosure obligations in a timely manner as required. The plan does not include any reserved shares. The employee stock ownership plan will acquire company shares held in the company's repurchase special securities account at a price of 6.44 yuan per share.