Svmuu News: On July 15, Changxin Technology held an online investor briefing session in connection with its listing on the STAR Market. When an investor inquired about the arrangements for Changxin Technology’s employee stock ownership plan, Yuan Yuan, the company’s vice president and board secretary, stated that the company has implemented two phases of the plan. The grant price for the first phase was 1.05 yuan per unit of registered capital, with a cumulative total of 3,596 participants; the second phase had a grant price of 0.108 yuan per unit of registered capital, with a cumulative total of 3,164 participants. Through the implementation of the employee stock ownership plan, the company has established a sound long-term incentive and accountability mechanism that fully mobilizes the enthusiasm of R&D and core management personnel. This helps balance the long-term interests of both employees and the company, and has a positive impact on the company’s future financial condition and operating results. (Shanghai Securities News)