Tiantong Co., Ltd. (600330.SH) plans to launch the third phase of its employee stock ownership plan.

According to Zhitong Finance APP, Tiantong Co., Ltd. (600330.SH) has disclosed the draft of the third phase of its employee stock ownership plan, which will involve no more than 300 employees in total. Among them, there will be a total of 5 directors (excluding independent directors) and senior management personnel, while management backbones and core technical personnel from the company and its holding subsidiaries will not exceed 295. The shares involved in the stock ownership plan will come from the companys repurchased 16.5136 million shares, which account for 1.34% of the company's total equity. The shares will be transferred at a price of 10 yuan per share from the companys repurchased share account.