iFLYTEK has officially declared its intention to roll out the second phase of its employee stock ownership plan. Under this initiative, it is anticipated that a maximum of 8,394,061 shares will be transferred. These shares constitute roughly 0.36% of the company's entire share capital. The transfer price for the repurchased shares has been fixed at 24.59 yuan per share. As a result, the maximum amount of funds to be raised through this scheme is projected to reach 206.41 million yuan.

The individuals eligible to participate in this plan are the company's key personnel (inclusive of those from its controlled subsidiaries). However, directors and senior executives are not included in this group. The total number of participants is expected to be capped at 2,000. The shares involved in this plan will be drawn from the A-share ordinary stocks held in the company's dedicated repurchase account.

Once the shareholders' meeting gives its approval, the transfer of shares will be executed through methods such as non-trading transfers, ensuring a smooth and compliant implementation of the plan.