Guangdong Songfa Ceramics (603268.SH) plans to launch a 2026 employee stock ownership plan.
Songfa Ceramics (603268.SH) disclosed the 2026 Employee Stock Ownership Plan (Draft). The total number of participants at initial establishment shall not exceed 5,370. The source of shares is the Company's A-share ordinary shares acquired by the Company through secondary market purchases (including but not limited to centralized bidding transactions and block trades) and other methods permitted by laws and regulations. The source of funds for the Employee Stock Ownership Plan is the performance bonus amount (lawful compensation) accrued in accordance with the Company's compensation management policies and other methods permitted by laws and regulations. The total amount of funds the Employee Stock Ownership Plan intends to raise shall be capped at RMB 852 million.
Guangdong Songfa Ceramics (603268.SH) disclosed the 2026 Employee Stock Ownership Plan (Draft). The total number of participants at initial establishment shall not exceed 5,370. The source of shares is the Company's A-share ordinary shares acquired by the Company through secondary market purchases (including but not limited to centralized bidding transactions and block trades) and other methods permitted by laws and regulations. The source of funds for the Employee Stock Ownership Plan is the performance bonus amount (lawful compensation) accrued in accordance with the Company's compensation management policies and other methods permitted by laws and regulations. The total amount of funds the Employee Stock Ownership Plan intends to raise shall not exceed RMB 852 million.
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