Haiyou New Materials (688680.SH) plans to launch a 2026 employee stock ownership plan.

Zhitong Finance APP News, Haiyou New Materials (688680.SH) disclosed the 2026 Employee Stock Ownership Plan (Draft). The total number of participants shall not exceed 26. The shares under the Employee Stock Ownership Plan shall come from shares repurchased by the company through its special securities account for repurchases, with the total number of shares not exceeding 435,000, accounting for approximately 0.4458% of the company's current total share capital. The Employee Stock Ownership Plan shall acquire the company's shares held in the company's special securities account for repurchases at a transfer price of RMB 18.80 per share.