Fujian Torch Electron Technology (603678.SH) plans to launch the fifth phase of the employee stock ownership plan.
Torch Electronics (603678.SH) disclosed the fifth phase of employee stock ownership plan (draft), with a total of no more than 80 employees participating. The source of the stocks for the employee stock ownership plan is the company's repurchased common stocks (A-shares) in a special securities account. The scale of the employee stock ownership plan is not more than 1,295,884 shares, accounting for 0.27% of the company's current total share capital. The transfer price for the employee stock ownership plan is 19 yuan per share.
Fujian Torch Electron Technology (603678.SH) disclosed the fifth phase of the employee stock ownership plan (draft), with a total of no more than 80 employees participating. The stock source for the employee stock ownership plan is the company's repurchased A-share common stock in a special securities account. The total size of the employee stock ownership plan is no more than 1.295884 million shares, accounting for 0.27% of the company's current total share capital. The price for the employee stock ownership plan is set at 19 yuan per share.
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