Core Viewpoint - The report outlines the 2025 Restricted Stock Incentive Plan of Guangdong Meixin Technology Co., Ltd, detailing the plan's structure, objectives, and compliance with relevant regulations [4][20][28]. Summary by Sections 1. Plan Overview - The incentive plan aims to grant restricted stocks to 55 selected employees, excluding independent directors and major shareholders, to align their interests with the company's performance [4][22]. - The total number of restricted stocks to be granted is 1 million shares, representing 2.26% of the company's total share capital of 44.26 million shares [7][23]. 2. Granting Conditions - The grant price for the restricted stocks is set at 30.63 RMB per share, which is based on the average trading price prior to the announcement [12][24]. - The plan includes specific performance targets for the years 2025 to 2027, with revenue and net profit growth rates required for the release of the stocks [15][18]. 3. Vesting Schedule - The vesting of the restricted stocks will occur in three phases: 40% after 12 months, 30% after 24 months, and 30% after 36 months from the grant date [10][25]. - If the reserved stocks are granted after the third quarter report of 2025, the vesting schedule will be adjusted accordingly [17][26]. 4. Compliance and Feasibility - The independent financial advisor confirms that the incentive plan complies with relevant laws and regulations, ensuring its feasibility and alignment with shareholder interests [20][28]. - The plan's structure is designed to prevent short-term profit-seeking behaviors and to promote long-term company performance [26][28]. 5. Performance Assessment - The performance assessment includes both company-level and individual-level evaluations, ensuring that the interests of the employees are aligned with the company's long-term goals [19][28]. - The company will repurchase any unvested stocks if performance targets are not met, reinforcing accountability among the incentive recipients [14][21].
美信科技: 上海荣正企业咨询服务（集团）股份有限公司关于广东美信科技股份有限公司2025年限制性股票激励计划（草案）之独立财务顾问报告