Yunda launches 102 million yuan employee stock ownership plan at a 30% discount, covering 185 core employees

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Yunda Holding announced its 2026 employee stock ownership plan on October 7, planning to grant 21.23 million repurchased shares to no more than 185 core employees at 4.80 yuan per share, a discount of about 30% to the market price, with a fundraising cap of 102 million yuan. As of the close on October 8, Yunda's share price stood at 6.79 yuan per share, giving it a market value of about 19.686 billion yuan. The plan has a duration of no more than 36 months and a lock-up period of 12 months, with 50% unlocking in each of two phases. Performance targets use 2025 as the base year: 2026 revenue growth of no less than 5% or net profit attributable to the parent company growth of no less than 50%, and 2027 revenue growth of no less than 10.25% or net profit attributable to the parent company growth of no less than 80%. Yunda's performance had previously come under pressure. For the full year 2025, revenue was 51.475 billion yuan, up 6.04% year on year, while net profit attributable to the parent company was 1.171 billion yuan, down 38.79% year on year. In the first half of 2026, net profit attributable to the parent company grew more than 80% year on year, and non-GAAP net profit grew 105.68%, but market share and parcel volume growth still lagged behind ZTO, YTO, and STO. Express delivery expert Zhao Xiaomin said that launching the plan before the Double 11 shopping festival helps Yunda stabilize its core team and boost confidence.

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YUNDA Holding Co Ltd
002120
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Yunda launches a 102 million yuan employee stock ownership plan at a 30% discount with performance targets, an equity-incentive/financing event aimed at stabilizing its core team.