Ganzhao Optoelectronics intends to promote employee stock ownership plan to purchase company stocks

Ganzhao Optoelectronics (300102) announced on the evening of December 25 that the company plans to launch the first employee stock ownership plan, the number of participants does not exceed 320, the initial proposed fund raising amount does not exceed 25 million yuan, and the secondary share of the asset management plan is subscribed. The collective asset management plan has a share cap of 75 million shares, and a priority share and a secondary share are established in a ratio of 2:1. The main investment scope of the asset management plan is the dry photo photoelectric stock.

At the same time, the company plans to set up a wholly-owned subsidiary “Zhangzhou Ganyu Photoelectric Co., Ltd.” with its own capital of 30 million yuan in Yunling Industrial Development Zone, Yunxiao County, Zhangzhou City, Fujian Province.

According to the company, based on the company's strategic deployment, it is necessary to set up this wholly-owned subsidiary to focus on LED application capacity building, complementing the existing business of the company, gradually realizing the integration of the industry chain, enhancing the company's sustainable development and improving the company's revenue.

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