Gelonghui, April 23-Ruiming Technology (002970.SZ) announces the second phase of employee Stock ownership Plan (draft)TelegramcryptogamesThe total amount of funds raised by the employee stock ownership plan shall not exceed 1.Telegramcryptogames3.728 million yuan, with "share" as the subscription unit, each share is 1 yuan, the upper limit of the number of shares of this employee stock ownership plan is 13.728 million, and the final total amount of funds raised shall prevail.

The shares of this employee stock ownership plan are derived from Ruiming Technology A common shares repurchased by the company's special securities account for share buybacks, with a total of not more than 1.04 million shares, accounting for 0.60% of the company's current total share capital of 172.896 million shares.

The price of the repurchased shares of the employee stock ownership plan is 13.20 yuan per share.

The total number of participants in the employee stock ownership plan shall not exceed 17 at the initial establishment, including a total of 4 directors (excluding independent directors) and senior managers, and the specific number of participants shall be determined according to the actual contributions of the employees.

The duration of this employee stock ownership plan is 36 months, counting from the date on which the draft employee stock ownership plan is examined and approved by the general meeting of the company and the last underlying stock is transferred to the name of the employee stock ownership plan. The lock-up period of the underlying stock obtained by the employee stock ownership plan is 12 months, counting from the date the company announced the last transfer of the underlying stock to the employee stock ownership plan.