Yuxing Corporation: The fourth phase of the employee stock ownership plan shares have all been sold.

date
30/05/2025
Yuxing Corporation Announcement: The 1.9778 million shares of the company held by the fourth phase of the employee stock ownership plan were completely sold through centralized bidding trading from September 5, 2023 to May 28, 2025, accounting for 0.53% of the current total share capital of the company. During the selling period, the employee stock ownership plan strictly adhered to market trading rules and did not use insider information for trading. As of the date of this announcement, the assets of the employee stock ownership plan are all in monetary funds. Subsequently, the relevant assets will be liquidated and distributed according to the proportion held by the shareholders. Once the distribution is complete, the employee stock ownership plan will be terminated.