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Autotech Electronics (002587.SZ): Plans to Launch Employee Stock Ownership Plan in 2026
Gelonghui March 9 — Autotronic Electronics (002587.SZ) announced its 2026 employee stock ownership plan. The shares for this plan will come from Autotronic Electronics A-shares held in the company’s repurchase dedicated account. After approval by the company’s shareholders’ meeting, the shares in the repurchase account will be transferred to the employee stock ownership plan through legal methods such as non-trading transfer. The scale of this plan will not exceed 1,835,500 shares, accounting for approximately 0.2817% of the current total share capital of 6,515,441,560 shares. The purchase price for the company’s repurchased shares is 3.40 yuan per share.