It Is Dazzling For The Listed Companies To Play The "Employee Stock Ownership Plan On The Lever".

Listed companies have recently launched the ESOP, and in the 10 billion employee stock ownership plan, listed companies in various ways to play "leveraged Employee Stock Ownership Plan", dazzling.

Many of these employee stock ownership plans have been linked to the company's fixed share holding plans.

In the evening of July 22nd,

And so on.

In the stage of market turbulence adjustment and stabilization and recovery, listed companies pushing the ESOP is an important measure to stabilize stock prices and boost investor confidence.

In fact, listed companies have launched ESOP recently.

According to the China Securities Journal reporter, in July 1st -22, a total of 81 listed companies released the employee stock ownership plan (Draft). For the purpose of disclosing the size of the employee stock ownership plan, the upper limit of the scale was 9 billion 920 million yuan.

Many of these employee stock ownership plans have been linked to the company's fixed share holding plans.

At the same time, the company shareholders provide matching funds, borrow asset management plan to set up priority / poor post implementation of employee stock ownership plan, employee stock ownership plan introduced securities company's stock right of return swaps and other "lever employee stock ownership" and other innovative models continue to emerge.

The scale is nearly ten billion yuan.

After a substantial adjustment in the recent market, stabilizing the market has become the consensus of listed companies and investors.

Under such a tone, the controlling shareholders, major shareholders, directors and supervisors, and the employee stock ownership plan of the listed companies have become an important factor in stabilizing the market.

According to the China Securities Journal reporter, -22 July 1st,

81 listed companies, such as Guanghui automobile, Xinhu Zhong Bao, sun power supply, sunning Yun, and so on, have issued the relevant plan of ESOP.

Among them, the perfect global, Suning cloud business, three flower shares, new lake, China and other 26 listed companies employee stock ownership plan scale in the level of 100 million yuan.

In the more than 80 employee stock ownership plans of listed companies, the scale of disclosure is only about ten billion yuan.

Take Taihe Group as an example, in July 2nd, the company announced the employee stock ownership plan (Draft). The participants were 11 directors, supervisors, executives, and no more than 489 managers and scarce staffs. The total size of the shareholding scheme was 1 billion 200 million yuan.

In July 10th, Suning Yun announced the second phase of the employee stock ownership plan, with a total capital of less than 1 billion yuan, involving about 85 million 179 thousand shares of the underlying stock, accounting for 1.15% of the total share capital of the company.

In the swarms of employee stock ownership plans, the listed companies such as perfect world, silicon technology, Qiming Xin Chen, and Yue Yue medical care have linked employee stock ownership to the company's non-public offering.

In July 21st, silicon technology released the first phase of the employee stock ownership plan (Draft).

The plan shows that the company's ESOP will fully subscribe Huatai Si Bao 1 directional asset management plan established by Huatai asset management, and Huatai Si Bao 1 will mainly acquire and hold silicon stock technology stock through subscribing non-public offering shares and other ways.

In this wave of employee stock ownership plan, there are many companies such as actual controllers, controlling shareholders and major stockholders who lend money to ESOP.

The actual controllers, controlling shareholders and major shareholders of the listed companies such as purple Xin Pharmaceutical, Yongxing special steel, CLP environmental protection and Yuan Li share will provide "no interest" matching funds for ESOP.

And the company of Tian Ze, hang Xiao steel and other companies extracted the ESOP incentive fund from the net profit after deducting non recurring gains and losses in the previous year, and extracted a certain proportion of the incentive fund from the excess profits in 2015 as the source of funds for the employee stock ownership plan.

Employee stock ownership on leverage

In the 10 billion employee stock ownership plan, listed companies play in various ways.

"It's dazzling.

On the source of employee stock ownership plan, many listed companies leverage leverage.

In July 14th, the sunshine power company launched the employee stock ownership plan with a total capital ceiling of 124 million yuan. Its sources of funds include the company's employees raising no more than 44 million yuan, and the controlling shareholder Cao Renxian has obtained funds from the stock holding company of some companies to apply for pledge financing to the financial institutions, and the loan is not more than 80 million yuan.

In the employee stock ownership plan with a total capital limit of 65 million yuan, it will apply for financing to financial institutions and other ways permitted by laws and regulations to no more than 32 million 500 thousand yuan.

At present, ESOP is widely used in various asset management schemes.

In the asset management plan, most companies have made corresponding arrangements for priorities and inferior ones, and how many options have been made for ESOP.

Zhong An Xiao announcements the employee stock ownership plan recently, and entrusts the national gold securities to set up the national security 2 collection asset management plan to manage.

Guo Jin Zhong An Xiao No. 2 set up priority A, intermediate level B and risk level C according to 4:1:1, of which ESOP plans to raise funds to fully subscribe for the risk level C share, and the chairman of the company subscribe to the B share of the intermediate level.

In the product classification, the financing and leverage of the employee stock ownership plan can be realized.

In addition, the Asia Pacific shares, Guancheng Datong, LIAN photoelectric, Shenzhou Tai Yue and other companies use the new tools of securities company's right to stock exchange.

If the Asia Pacific shares announcement, the employee stock ownership plan will fully subscribe to the "sub Xia General Plan No. 1 fund" set up by the general plan. The fund intends to sign a stock earning right swap agreement with Guoxin Securities. It is agreed that the financing fund of Guoxin Securities will be 100 million yuan, and the stock right exchange swap with the company's stock as the underlying securities will be carried out.

Changjiang Securities analysts believe that the use of financing and leveraged tools such as graded information management products, securities companies' right to stock swap, and so on are the innovative features of the source, mode of operation, and way of income of ESOP.

Financing, leverage and other risks exist. ESOP financing, leverage and other tools, to a certain extent, show good prospects for the company's development and performance expectations, especially for the actual controller, controlling shareholder and major shareholder.