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Yuyuan Tourist Mart Fully Sells Shares Under Fourth Employee Stock Ownership Plan

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Shanghai Yuyuan Tourist Mart (SHA:600655) fully sold all shares under its fourth employee stock ownership plan through the secondary market, according to a Wednesday filing on the Shanghai bourse.

By October 2023, nearly 12.7 million shares in the company's repurchase securities account had been transferred to the plan at 3.79 yuan apiece.

The Chinese department store operator will proceed with completing the plan's asset liquidation and its termination.

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