Huizhou Desay SV Automotive (002920.SZ) plans to launch an employee stock ownership plan in 2025.

Huizhou Desay SV Automotive (002920.SZ) disclosed the 2025 employee stock ownership plan (draft), with a total of 67 participating employees. The plan aims to raise a total of RMB 167,994.8 million, with "units" as the subscription unit, each unit priced at 1 yuan. The total number of units in the employee stock ownership plan is planned to be 167,994.8 million units. The final subscription amount will be based on the actual payment amount. This employee stock ownership plan intends to use 3.122 million shares from the repurchased shares, accounting for 0.56% of the company's current total share capital. The price at which the employee stock ownership plan acquires the repurchased shares from the company is RMB 53.81 per share.