Zhejiang CFMOTO Power (603129.SH) plans to launch an employee stock ownership plan for 2027 to 2028.
Zhejiang CFMOTO Power (603129.SH) disclosed a draft employee stock ownership plan for 2027 to 2028. The number of participants in the plan is expected to be no more than 35, and the source of funds will be excess performance bonuses accrued by the company in accordance with its internal management system, with the accrued incentive fund recorded in employee benefits payable. The number of underlying shares involved in the plan is subject to the results of the company's audited annual reports for 2026 and 2027, and there is uncertainty regarding the actual date, price, and amount of funds for purchasing shares under this employee stock ownership plan.
Zhejiang CFMOTO Power (603129.SH) disclosed a draft employee stock ownership plan for 2027 to 2028. The number of participants in the stock ownership plan is expected to be no more than 35, and the source of funds will be excess performance bonuses accrued by the company in accordance with its internal management system, with the accrued incentive fund recorded in employee benefits payable. The number of underlying shares involved in the stock ownership plan is subject to the results of the company's audited annual reports for 2026 and 2027, and there is uncertainty regarding the actual date, price, and amount of funds for purchasing shares under this employee stock ownership plan.
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