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Zhejiang Longsheng (600352): The Lock Up Period Of ESOP Will Expire In 2020
Zhejiang Longsheng (600352. SH) announced that the company's 2020 ESOP plan will transfer the shares of the company's share repurchase account through non transaction transfer on June 15, 2020, and the lock-in period will be 18 months and will expire on December 15, 2021.
As of the announcement date, the company's ESOP account held 70.007 million shares in 2020, accounting for 2.15% of the company's total share capital.
After the expiration of the lock-in period of the company's employee stock ownership plan in 2020, the Management Committee of the employee stock ownership plan will decide whether to sell the stock or to extend the duration according to the market situation.
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