Meihua Biotech (600873.SH) plans to launch 2026 employee stock ownership plan

According to the Zhitong Finance App, Meihua Biotech (600873.SH) released the 2026 employee shareholding plan (draft). When the employee shareholding plan was established, the total planned share was no more than 150 million shares. Using “shares” as the subscription unit, the subscription price for each share was RMB 1.00, and the maximum amount of capital raised was RMB 150 million. The total number of people participating in the employee stock ownership plan is no more than 300. The duration of the shareholding plan is 60 months, starting from the date the company announces the last transfer of the underlying stock to the employee's shareholding plan. The underlying shares obtained by the employee's shareholding plan are unlocked in two installments 12 months and 24 months after the company announced the last transfer of the underlying stock to the employee's shareholding plan. The maximum lock-up period is 24 months. The ratio of the underlying shares unlocked in each instalment is 50% and 50%, respectively.