Ningbo Huaxiang(002048.SZ): Termination of the 2022 Employee Stock Ownership Plan

2026-03-05 21:05:15

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Gelonghui, March 4 — Ningbo Huaxiang (002048.SZ) announced that due to significant changes in the internal and external environment faced by the company at present and at the time of制定2022年员工持股计划, the company no longer meets the unlocking conditions for the employee stock ownership plan based on the 2025 annual performance forecast. Considering the effectiveness of talent incentives, the willingness of the incentive recipients, and the overall cost of capital occupation, and to better protect the interests of the company, shareholders, and employees, after careful consideration, the company has decided to terminate the 2022 Employee Stock Ownership Plan.

According to the “2022 Employee Stock Ownership Plan (Draft)” and the “2022 Employee Stock Ownership Plan Management Measures,” this employee stock ownership plan will be terminated after approval by the Board of Directors. Subsequently, the Management Committee will choose an appropriate time to sell all the target stocks held under this employee stock ownership plan, and carry out the liquidation and distribution of assets in accordance with regulations.

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