Hwaway Technology Corporation (001380.SZ) plans to launch an employee stock ownership plan in 2025.

Hwaway Technology Corporation (001380.SZ) announced the 2025 Employee Stock Ownership Plan (draft), with a total of no more than 123 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 legally permitted methods such as non-trading transfers, totaling no more than 585,100 shares, accounting for 0.32% of the company's current total share capital. The Employee Stock Ownership Plan will acquire company shares held in the company's repurchase special securities account at a purchase price of RMB 14.78 per share.