According to the Zhitong Finance App, Kai Electric (300407.SZ) announced the 2026 employee stock ownership plan (draft). The stock holding plan comes from Kai Electric's A-share common stock shares purchased from the company's special repurchase account. The shareholding plan does not exceed 530.01.49 million shares, accounting for approximately 1.53% of the company's total share capital on the day the draft shareholding plan was announced. The share ownership plan is 6.63 yuan/share to buy back shares.

The shareholding plan lasts no more than 60 months, calculated from the date the employee's draft shareholding plan was reviewed and approved by the company's shareholders' meeting and the company announced the last transfer of the underlying stock to the employee's shareholding plan. The underlying shares of the employee's shareholding plan are unlocked in 3 installments. The lockup period is 12 months, 24 months, and 36 months, respectively. They are all calculated from the date the draft employee's shareholding plan was reviewed and approved by the company's shareholders' meeting and the company announced the last transfer of the underlying stock to the employee's shareholding plan.

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