002203SZSE
🚨 Material Event

Zhejiang Hailiang Co., Ltd. 2026 Employee Stock Ownership Plan (Draft Revision)

ZHE JIANG HAI LIANG CO., LTD··36 pages

✨ AI Summary

Zhejiang Hailiang Co., Ltd. has released a revised draft of its 2026 Employee Stock Ownership Plan. The plan involves the transfer of up to 80.64 million repurchased A-shares to eligible employees at a price of 9.00 yuan per share. It aims to incentivize directors, senior management, and core personnel over a 120-month duration. The proposal is subject to shareholder approval and includes specific performance-based unlocking conditions.

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Full Translation

AI Translation· gemini_document

Stock Code: 002203 Stock Abbreviation: Hailiang Shares

Zhejiang Hailiang Co., Ltd.

2026 Employee Stock Ownership Plan

(Draft Revision)

July 2026

Statement

The Company and all members of the Board of Directors guarantee that the contents of this Employee Stock Ownership Plan are true, accurate, and complete, with no false records, misleading statements, or major omissions.

Risk Warning

  1. The Company's 2026 Employee Stock Ownership Plan can only be implemented after being approved by the Company's general meeting of shareholders. There is uncertainty as to whether this plan will be approved.

  2. There is uncertainty regarding the specific sources of funding, contribution ratios, implementation plans, and the final successful implementation of this plan.

  3. If employee subscription funds are insufficient, there is a risk that the scale of this Employee Stock Ownership Plan will be lower than expected.

  4. The Company will disclose relevant progress in accordance with regulations. Investors are advised to make cautious decisions and pay attention to investment risks.

  5. The descriptions of company performance assessment indicators in this plan do not represent the Company's performance forecasts and do not constitute performance commitments.

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