The First Phase of the Employee Stock Ownership Plan for Anne Corp

     2020-10-22 11:40

In order to better promote and implement the sharing mechanism of the company’s and employees’ benefit, and improve the company’s cohesion and competitiveness, Anne Corp. start to implement the first phase of the employee stock ownership plan in 2015. After the employee stock ownership plan to be set up, the subordinated tranche of Xinzhong No.10 aggregate asset management plan of industrial asset management which established by Industrial Asset Management Co., Ltd. will be fully subscribed. The upper limit of the share of Xinzhong No.10 aggregate asset management plan for industrial asset management is 30 million, per share is RMB1.00, as the proportion of 2:1 to set up the priorities share and secondary share, Ms. Lin Xuxi who is the controlling shareholder of the company will provide security for the right achievement of priorities share for Xinzhong No.10 aggregate asset management plan of industrial asset management, and will obtain the share of Anne Corp. through legal compliance way and other way of the purchase in secondary market.

As of Apr. 3, 2015, Xinzhong No.10 aggregate asset management plan of industrial asset management has purchased 300000 shares of Anne Corp. by the way of block trade and the purchase in secondary market, the average price is RMB20.2198, it accounted for 0.15% of the company’s total equity.

 

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