As the first state-owned bank to implement the employee stock ownership plan, CCB's related practices have caused many controversies. Tsinghua University EMBA distinguished professor believes that although employee stock ownership is a common phenomenon abroad, compared with foreign banks, China's state-owned banks have received huge capital injections, and even if they go public, they are still making money with state money, so it is not appropriate to implement employee stock ownership. However, some experts believe that compared with the executive incentive plan implemented by some banks, allowing most employees to hold shares can tie personal interests and corporate interests together, thus maximizing profits.
According to the announcement issued by CCB, participating in the employee stock ownership plan must meet the prerequisite of "working in the bank for 3 years". In terms of equity ratio, the method of "subscription+reward" is adopted, which is not simply delivered, and the reward part is 24.8% of the individual contribution. Take the share with subscription value of 1 1,000 yuan as an example, and the bank advances 2,480 yuan for it. The subscription amount of each employee is 5%- 10% of the pre-tax salary of the previous year. According to this, it is not difficult to find that the employee stock ownership plan of CCB is linked to employee performance, and people who earn more can subscribe for more shares.
CCB did not disclose the employee subscription price in the announcement. It is reported that the employee subscription price is about 3.6 yuan/share. At present, the trading price of CCB in H shares is HK$ 5.46 (equivalent to RMB 5.3 yuan/share), and the price difference between them is attractive.