SMS(SZ:002857) Zheng Quan Zhi Xing·2025-07-24 16:32Core Points - The report serves as an independent financial advisory document for Zhengzhou Sanhui Electric Co., Ltd.'s 2024 stock option incentive plan [1][2] - The independent financial advisor confirms that the information provided by the company is accurate and complete, ensuring no material discrepancies exist [2][3] - The report is based on the assumption that there will be no significant changes in laws, regulations, or market conditions affecting the company [2][5] Summary by Sections Independent Financial Advisor's Role - Shanghai Miaodao Enterprise Management Consulting Co., Ltd. is appointed as the independent financial advisor for the stock option incentive plan [1] - The advisor is responsible for ensuring the accuracy and completeness of the information provided by the company [2] Assumptions for the Report - The report is based on several assumptions, including the stability of current laws and regulations, the accuracy of information provided by the company, and the absence of unforeseen adverse events [2][5] Approval Process for the Incentive Plan - The company's board of directors approved the draft of the stock option incentive plan on December 9, 2024 [7] - The plan was subsequently reviewed and approved by the supervisory board and disclosed to shareholders [8][9] Stock Option Grant Details - The initial grant of stock options is scheduled for January 21, 2025, with 216.01 million shares allocated to 11 individuals [9] - The exercise price for the stock options is set at 10.83 yuan per share [10][11] Conditions for Granting Stock Options - The granting of stock options is contingent upon the company not experiencing certain adverse conditions, such as negative audit opinions or profit distribution issues [11] - The board has confirmed that all conditions for granting the stock options have been met [11][12] Independent Financial Advisor's Conclusion - The independent financial advisor concludes that the incentive plan has obtained the necessary approvals and complies with relevant laws and regulations [12]