HBYH(SZ:000422) Zheng Quan Zhi Xing·2025-06-30 16:33Core Viewpoint - Hubei Yihua Chemical Co., Ltd. has initiated a 2024 restricted stock incentive plan, which includes the reservation of stock grants for eligible employees, aimed at enhancing employee motivation and aligning their interests with shareholders [1][4][5]. Summary by Sections Independent Financial Advisor Report - The independent financial advisor, Shanghai Rongzheng Enterprise Consulting Service (Group) Co., Ltd., has issued a report on the reserved stock grants under the 2024 incentive plan, confirming the legality and accuracy of the provided documents [2][3]. Approval Process - The approval process for the 2024 restricted stock incentive plan involved multiple steps, including the drafting of the plan by the compensation and assessment committee, review by the board of directors, and approval from the shareholders' meeting [5][6][7]. Reserved Grant Details - The total number of reserved restricted stocks is 6.25 million shares, with 6.0125 million shares actually granted, leaving 237,500 shares voided [8][10]. Grant Conditions - The grant of restricted stocks is contingent upon the company and the incentive recipients meeting specific conditions, ensuring that neither party has encountered adverse situations that would disqualify them from receiving the benefits [11]. Financial Impact - The implementation of the stock incentive plan is expected to be accounted for in accordance with relevant accounting standards, with potential dilution effects on existing shareholders being noted [11][12]. Independent Advisor's Opinion - The independent financial advisor has concluded that all necessary approvals for the reserved stock grants have been obtained, and the terms of the grants comply with applicable laws and regulations [11][12].