Xingtong Shipping (603209.SH) plans to launch an employee stock ownership plan in 2026.

Xingtong Co., Ltd. (603209.SH) has disclosed the draft of its 2026 employee stock ownership plan, which will involve no more than 80 participating employees (excluding reserved portions), with a total scale not exceeding 5 million shares, accounting for 1.54% of the company's total share capital. Among these, the initial transfer will not exceed 4.35 million shares, with a reserve not exceeding 650,000 shares. The per-share subscription price for this employee stock ownership plan (including reserved shares) is set at 7.19 yuan/share. The total amount of funds to be raised will not exceed 35.95 million yuan, with each subscription unit as share, where each share is valued at 1 yuan, and the maximum number of shares is capped at 35.95 million.