Morn(SZ:002451) Zheng Quan Zhi Xing·2025-06-13 10:29Core Viewpoint - The supervisory board of Shanghai Moen Electric Co., Ltd. has reviewed and approved the 2025 Restricted Stock Incentive Plan, confirming that the plan complies with relevant laws and regulations, and will not harm the interests of the company and its shareholders [1][2][3] Group 1: Conditions for Implementation - The company does not fall under any conditions that prohibit the implementation of the stock incentive plan as per the relevant laws and regulations [2] - Specific disqualifying conditions include negative audit opinions on financial reports, inappropriate selections by the stock exchange or regulatory bodies, and significant legal violations [2] Group 2: Eligibility of Incentive Objects - The incentive objects do not include independent directors, supervisors, or shareholders holding more than 5% of shares, ensuring compliance with legal requirements [2] - All selected incentive objects meet the qualifications set forth in the Company Law, Securities Law, and other relevant regulations [3] Group 3: Public Disclosure and Approval Process - The company will publicly disclose the names and positions of the incentive objects for at least 10 days before the shareholders' meeting [3] - The supervisory board will provide its review opinions on the incentive object list five days prior to the shareholders' meeting [3] Group 4: Strategic Alignment - The incentive plan aims to motivate the core team, aligning the interests of shareholders, the company, and individual team members to ensure long-term development and achievement of business goals [3]