Shenzhen Highpower Technology (001283.SZ) plans to launch an employee stock ownership plan for 2025.

Shenzhen Highpower Technology (001283.SZ) announced the 2025 Employee Stock Ownership Plan (draft), in which the stock source of the plan is the company's repurchased stocks from the dedicated securities account. The proposed price for the stocks to be acquired from the company's repurchases is 27.91 yuan per share (including reserved shares), with a total of no more than 2.88 million shares (including reserved shares), accounting for 3.57% of the total share capital of the company as of the announcement date of this draft; among which 280,000 shares are reserved shares, accounting for 9.72% of the total number of company shares planned to be held by this plan. The duration of the plan is not more than 48 months, starting from the date when the company's shareholders' meeting approves the plan and the company announces the transfer of the last batch of shares to be granted under the plan to the plan's name.