LIAN employee stock ownership plan to buy 2 million 100 thousand shares

Chinese securities network, LIAN photoelectric November 9th evening disclosure, as of November 9th, the first phase of employee stock ownership plan for the "company founder futures LIAN stable core 1 asset management plan asset management plan" has been approved by the Shanghai stock exchange trading system to buy company stock accumulated 2 million 102 thousand and 300 shares, turnover of 35 million 781 thousand and 800 yuan, the average transaction price of about 17.02 yuan / the number of shares to buy shares, representing 0.47% of total share capital.

According to the company's first phase of the employee stock ownership plan has been released, the program size of 90 million yuan of funds. No more than 178 the total number of employees to participate in the ESOP, the total funds raised not more than 30 million yuan, will represent the LIAN founder medium-term stable core 1 asset management plan signed with Founder Securities stock usufruct swap agreement, agreed by the Founder Securities by no more than LIAN stable core 1 asset management plan fund amount 2 times provide financing funds not more than 60 million yuan, the total size of not more than 90 million yuan to carry out LIAN for the underlying securities stock return swaps. The controlling shareholder of the company provides joint and several liability for the principal and fixed income of founder securities. The duration of the asset management plan is expected to be 24 months.

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