Shandong Chiway Industry Development (002374.SZ) plans to launch an employee stock ownership plan in 2026.

Shandong Chiway Industry Development (002374.SZ) released the 2026 Employee Stock Ownership Plan (draft), with a planned size of no more than 10.9 million shares, accounting for 1.00% of the company's current total share capital. The price for employees to purchase company buyback shares under the stock ownership plan is 3.08 yuan per share, with a planned total fundraising limit of 33.572 million yuan. The subscription unit is "", with each unit priced at 1.00 yuan. The duration of the stock ownership plan is 36 months, calculated from the date of the last transfer of the stock to the employee stock ownership plan's name after the draft is approved by the company's shareholders' meeting and the company's announcement. If the stock ownership plan is not extended upon reaching the end of the duration, it will terminate automatically.