300825SZSE

Summary of the Third Employee Stock Ownership Plan (Draft)

✨ AI Summary

The draft outlines the Third Employee Stock Ownership Plan of Alter Automotive Technology Co., Ltd., aimed at enhancing employee engagement and company governance. The total funding is capped at 8.5173 million yuan, with a maximum of 851.73 million shares available for purchase. The plan requires shareholder approval and involves specific performance targets for stock unlocking over a 48-month period. Risks include uncertainty in funding and participation levels.

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Full Translation

AI Translation· azure_openai

Statement

The company and all members of the board guarantee that this employee stock ownership plan and its summary do not contain false records, misleading statements, or major omissions, and bear individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Risk Warning

  1. The implementation of this employee stock ownership plan is subject to approval by the company's shareholders' meeting, and there is uncertainty regarding whether it will be approved.
  2. The specific sources of funds, contribution amounts, and implementation plans for this employee stock ownership plan are preliminary results, and there is uncertainty regarding whether it can be completed.
  3. Employees participate in this employee stock ownership plan voluntarily and at their own risk. If the subscription amount is low, there is a risk that the plan may not be established or may be below the expected scale.
  4. The company will disclose relevant progress according to regulations, and investors are advised to make cautious decisions and pay attention to investment risks.

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