000795SZSE

Announcement on the Completion and Termination of the First Phase Employee Stock Ownership Plan

Innuovo Technology Co., Ltd.··2 pages

✨ AI Summary

The announcement states that the first phase of the employee stock ownership plan of Yingluohua Technology Co., Ltd. has been fully executed and terminated. A total of 18,104,181 shares, representing 1.60% of the company's total equity, were sold. The plan's duration was extended twice, ultimately concluding with all assets converted to cash. The company will proceed with asset liquidation and distribution as required.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Announcement on the Completion and Termination of the First Phase Employee Stock Ownership Plan

Yingluohua Technology Co., Ltd. (hereinafter referred to as "the Company") has completed the sale of all shares held under the first phase employee stock ownership plan. In accordance with the China Securities Regulatory Commission's "Guiding Opinions on Pilot Employee Stock Ownership Plans for Listed Companies" and the Shenzhen Stock Exchange's "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board," the specific circumstances are announced as follows:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Sign in to read moreSee Pro pricing