Shanghai Milkground Food Tech (600882.SH) plans to launch a 2025 employee stock ownership plan with a size not exceeding 8 million shares.

Shanghai Milkground Food Tech (600882.SH) disclosed the 2025 employee stock ownership plan (draft), with a total of no more than 209 employees initially participating. The employee stock ownership plan is expected to hold a maximum of 8.00 million shares, with a total fundraising limit of 79.20 million yuan. The price for the employee stock ownership plan to purchase repurchased shares is 9.90 yuan per share. The term of this employee stock ownership plan shall not exceed 48 months.