Securities code: 002273 stock abbreviation: Zhejiang Crystal-Optech Co.Ltd(002273) Announcement No.: (2022) 013 Zhejiang Crystal-Optech Co.Ltd(002273)
Suggestive announcement on the expiration of the duration of the fourth employee stock ownership plan
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
The fifth meeting of Zhejiang Crystal-Optech Co.Ltd(002273) (hereinafter referred to as “the company”) was held on May 9, 2019
The seventh meeting of the board of directors and the 2018 annual general meeting of shareholders held on May 30, 2019 considered and adopted the Zhejiang water
The proposal on the fourth phase employee stock ownership plan (Draft) and its summary of jingphotoelectric Technology Co., Ltd. and the proposal on submitting the general meeting of shareholders to authorize the board of directors to handle matters related to the Zhejiang Crystal-Optech Co.Ltd(002273) fourth phase employee stock ownership plan agree with the company to implement the fourth phase employee stock ownership plan (hereinafter referred to as the “Employee Stock Ownership Plan”) and authorize the board of directors to do so
Handle matters related to the employee stock ownership plan. For details, please refer to the company on May 10, 2019 and May 31, 2019
China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) Relevant announcements of disclosure.
In accordance with the guidance on the pilot implementation of employee stock ownership plan by listed companies, the self regulatory guidance for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, and the company’s phase IV employee stock ownership plan (Draft), etc, Duration of the company’s fourth employee stock ownership plan (hereinafter referred to as “the employee stock ownership plan”)
It will expire on July 10, 2022. The relevant information before the expiration of the duration of the employee stock ownership plan is hereby announced as follows:
1、 Basic information of the employee stock ownership plan
1. The stock source of the employee stock ownership plan is 8510084 shares of the company that have been repurchased in the company’s special account for repurchase, accounting for 0.99% of the total share capital of the company before repurchase, and the purchase price of repurchased shares is 5.88 yuan / share. “Zhejiang Zhejiang Crystal-Optech Co.Ltd(002273) technology stock
The company’s shares held in the “special securities account for repurchase” of Zhejiang Co., Ltd. have been transferred to “Zhejiang” non trading on July 9, 2019
Jiang Zhejiang Crystal-Optech Co.Ltd(002273) Technology Co., Ltd. – phase IV Employee Stock Ownership Plan “, the number of transferred shares is 8510084 shares, and the purchase price is 5.88 yuan / share. As the company implemented the 2018 annual equity distribution plan, the capital reserve was distributed to all shareholders
Every 10 shares are converted into 3 shares, and the number of shares held by the employee stock ownership plan increases from 8510084 shares to 11063109 shares
Shares.
2. The duration of the employee stock ownership plan is 36 months, and the company announced the transfer of shares to the name of the employee stock ownership plan
12 months from the next day (i.e. July 11, 2019), it will be unlocked in two phases, and the number of shares unlocked every 12 months is the current employee
50% of the total number of shareholding plans. The first batch of shares of the employee stock ownership plan were unlocked on July 11, 2020, with 5531555 shares unlocked, accounting for 0.45% of the total share capital of the company at that time; The lock up period of the second batch of shares of the employee stock ownership plan was unlocked on July 11, 2021, with 5531554 shares unlocked, accounting for 0.45% of the total share capital of the company at that time. The duration of the employee stock ownership plan will expire on July 10, 2022.
3. 5531532 shares in the first batch of unlocked shares of the employee stock ownership plan were sold through centralized bidding in the secondary market from July 22 to July 24, 2020, accounting for 0.45% of the total share capital of the company at that time. There are still 23 zero shares of the first batch of unlocked shares that cannot be sold due to the restrictions of trading rules, which shall be included in the second batch of shares of the employee stock ownership plan and disposed of together after unlocking.
4. As of the disclosure date of this announcement, the company’s fourth employee stock ownership plan holds 1002180 shares of the company’s shares, accounting for 0.01% of the company’s current total share capital.
2、 Subsequent arrangements of the employee stock ownership plan
Before the expiration of the duration of the ESOP, the management committee will decide whether to sell the shares according to the arrangement of the ESOP, the wishes of the holders and the market conditions. The ESOP will strictly abide by the market trading rules and the provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange on the information sensitive period. The company’s shares shall not be traded during the following periods:
1. Within 30 days before the announcement of the company’s periodic report, if the announcement date is delayed due to special reasons, it shall be from 30 days before the original announcement date to the final announcement date;
2. Within 10 days before the announcement of the company’s performance forecast and performance express;
3. From the date of major events that may have a significant impact on the company’s stock trading price or in the decision-making process to 2 trading days after disclosure according to law.
3、 Duration, change, termination and extension of the employee stock ownership plan
1. Duration of shareholding plan
(1) The duration of the employee stock ownership plan is 36 months, calculated from the date when the company announces the transfer of shares to the name of the employee stock ownership plan.
(2) Before the expiration of the duration of the employee stock ownership plan, the duration of the employee stock ownership plan can be extended after more than 2 / 3 of the shares held by the holders attending the shareholders’ meeting are agreed and submitted to the board of directors for deliberation and approval.
(3) If the company’s shares held by the ESOP cannot be fully realized before the expiration of the upper limit of the duration due to the suspension of trading or short window period of the company’s shares, the duration of the ESOP can be extended after more than 2 / 3 of the shares held by the holders attending the meeting are agreed and submitted to the board of directors for deliberation and approval.
2. Change of shareholding plan
During the duration of the current employee stock ownership plan, the change of the stock ownership plan must be approved by more than 2 / 3 shares held by the holders attending the shareholders’ meeting and submitted to the board of directors of the company for deliberation and approval.
3. Termination and extension of shareholding plan
(1) After the lock-in period of the stock ownership plan expires, if the assets of the employee stock ownership plan are all monetary funds, the stock ownership plan can be terminated in advance.
(2) Two months before the expiration of the duration of the shareholding plan, the duration of the shareholding plan can be extended after more than two-thirds of the shares held by the holders attending the shareholders’ meeting are agreed and submitted to the board of directors for deliberation and approval.
4、 Other instructions
The company will continue to pay attention to the progress of the implementation of the employee stock ownership plan and timely perform the obligation of information disclosure in accordance with relevant laws and regulations.
It is hereby announced.
Zhejiang Crystal-Optech Co.Ltd(002273) board of directors February 9, 2022
