Fangda Carbon New Material (600516.SH) plans to launch an employee stock ownership plan in 2026.

Fangda Carbon New Material (600516.SH) disclosed the draft of the 2026 employee stock ownership plan, which will involve no more than 350 participants and is expected to raise a total of no more than 138 million yuan. The subscription unit is designated as "shares," with each share valued at 1 yuan, and the upper limit for the number of shares in the employee stock ownership plan is set at 138 million shares. The number of shares involved in this employee stock ownership plan will not exceed 53,048,008 shares, which accounts for approximately 1.32% of the total equity of the company on the announcement date. The shares for the stock ownership plan will be sourced from shares already repurchased and held in the company's repurchase account, with the total share scale being 53,048,008 shares.