Tianrun Industrial announced that the company's 2026 employee stock ownership plan has completed non-transactional transfers. A total of 19.03 million shares were transferred, accounting for 1.7289% of the company's total share capital, and the transfer price was 4.44 yuan/share. The actual number of subscribers to the current employee stock ownership plan was 335, and the total amount of capital raised was 87.4691 million yuan. The sources of funding were employees' legal remuneration, self-financing, etc. All of the 19.03 million shares previously repurchased by the company have been used for this employee stock ownership plan. The number of shares held in the special repurchase account is 0 shares, and the repurchase of shares has been processed. The current employee stock ownership plan lasts for 36 months, and the underlying shares are unlocked in two installments, with an unlocking ratio of 50% for each period.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.