Gelonghui, April 9丨Tiannai Technology (688116.SH) announced the 2024 employee stock ownership plan. The shares in the current employee stock ownership plan are the company's A shares common stock purchased from the company's special repurchase account. The total number of shares to be transferred under the current employee stock ownership plan is 1,4204 million shares, accounting for about 0.41% of the company's total share capital of 34,456.66 million shares (since the company is in the conversion period of convertible corporate bonds, the total share capital stated in the employee stock ownership plan is the number of shares as of April 8, 2024, same below).
After the implementation of the current employee stock ownership plan, the total number of shares held by all of the company's active employee stock ownership plans did not exceed 10% of the company's total share capital, and the total number of shares corresponding to the employee stock ownership plan shares held by a single holder did not exceed 1% of the company's total share capital. The total number of underlying shares does not include shares acquired by holders prior to the company's initial public offering, shares purchased on their own through the secondary market, and shares obtained through equity incentives. The price of the employee's share ownership plan to buy back the company's shares is 12.62 yuan/share, which is 50.01% of the average trading price of the company's stock on the trading day before the announcement of the employee's draft shareholding plan.