Xiangyu Medical (688626.SH) Proposes 2025 Employee Stock Ownership Plan

Sunnyou (688626.SH) announced its 2025 Employee Stock Ownership Plan (draft) on the Zhitong Finance APP. The shares for the employee stock ownership plan will come from the company's repurchased A-share common stocks held in the dedicated securities account for repurchase. The total number of shares proposed for transfer under this employee stock ownership plan will not exceed 1.883 million shares, accounting for 1.1769% of the company’s total share capital at the time of the announcement of the draft plan. The price for the transferred target shares under the stock ownership plan is RMB 26.00 per share.

The duration of this employee stock ownership plan is 36 months, commencing from the date when the company announces that the last tranche of target stocks has been transferred to the name of this employee stock ownership plan. The lock-up period for the target stocks obtained under this employee stock ownership plan is 12 months, also commencing from the date when the company announces that the last tranche of target stocks has been transferred to the name of this employee stock ownership plan.