Tianjin Keyvia Electric (300407.SZ) plans to launch a 2026 employee stock ownership plan.

Tianjin Keyvia Electric (300407.SZ) has released the draft of its 2026 employee stock ownership plan. The shares under the plan are sourced from Tianjin Keyvia Electric A-share common stock repurchased through the company's dedicated repurchase account. The plan will hold no more than 5,300,149 shares, accounting for approximately 1.53% of the company's total share capital as of the announcement date of the draft plan. The purchase price for the repurchased shares under the plan is RMB 6.63 per share. The duration of the plan shall not exceed 60 months, calculated from the date on which the draft employee stock ownership plan is approved by the company's shareholders' meeting and the company announces the transfer of the last batch of underlying shares to the plan's account. The underlying shares acquired under the plan will vest in three tranches, with lock-up periods of 12 months, 24 months, and 36 months respectively, all calculated from the date on which the draft employee stock ownership plan is approved by the company's shareholders' meeting and the company announces the transfer of the last batch of underlying shares to the plan's account.