Zheng Quan Zhi Xing·2025-08-24 16:18Core Viewpoint - The report outlines the independent financial advisory opinion regarding the 2024 restricted stock incentive plan of BOE Technology Group Co., Ltd. and Huacan Optoelectronics Co., Ltd., emphasizing the fairness and reasonableness of the plan for shareholders and its impact on the company's sustainable operation [1][3][13] Summary by Sections Definitions and Terms - The report defines key terms related to the incentive plan, including "restricted stock," "incentive objects," "grant date," and "grant price," which are essential for understanding the plan's structure [1][2] Approval Process - The 2024 restricted stock incentive plan has undergone necessary approval procedures, including meetings of the board of directors and supervisory board, where relevant proposals were passed [4][5][6] Grant Details - On October 25, 2024, the company approved the first grant of 55.75 million shares of restricted stock at a price of 2.69 RMB per share, with 630,000 shares allocated to the first category and 49.45 million shares to the second category [7][9] - The plan includes a reserve grant of 6.31 million shares for 57 individuals at a price of 4.80 RMB per share, with specific allocations to various levels of personnel [10][12] Conditions for Granting - The granting of shares is contingent upon the company and incentive objects meeting specific conditions, including no adverse audit opinions and no violations by the incentive objects [12][13] Financial Impact - The report indicates that the implementation of the incentive plan will be accounted for in accordance with relevant accounting standards, and shareholders should be aware of potential dilution effects [12][13] Independent Advisor's Opinion - The independent financial advisor concludes that the pre-grant conditions have been met and that the plan complies with relevant laws and regulations, ensuring no harm to shareholder interests [13]