Core Viewpoint - The independent financial advisor report indicates that Qingdao Haitai Technology Molding Technology Co., Ltd. has achieved the conditions for the second vesting period of its 2023 restricted stock incentive plan, allowing eligible participants to apply for stock vesting [10][16]. Summary by Sections Independent Financial Advisor Report - The report is prepared by Shanghai Rongzheng Enterprise Consulting Service (Group) Co., Ltd. regarding the second vesting period of the restricted stock incentive plan for Qingdao Haitai Technology [1][2]. - The report confirms that the necessary approvals and authorizations for the incentive plan have been obtained, complying with relevant regulations [16]. Conditions for Vesting - The second vesting period is defined as the period from the first trading day after 24 months from the grant date to the last trading day within 36 months from the grant date [8]. - The grant date for the incentive plan is September 1, 2023, and the conditions for vesting include no adverse audit opinions and the fulfillment of performance targets [6][10]. Performance Targets - The performance assessment for the incentive plan spans three accounting years (2023-2025), with specific revenue growth targets set for each vesting period: - First vesting period requires a minimum revenue growth of 10% based on 2022 revenue - Second vesting period requires a minimum growth of 20% - Third vesting period requires a minimum growth of 30% [8][9]. Eligible Participants and Stock Details - A total of 118 eligible participants can apply for 559,830 shares of restricted stock in the second vesting period, with 12,560 shares being canceled due to unmet vesting conditions [10][12]. - The initial grant price for the restricted stock was set at 15.62 RMB per share, which has been adjusted to 15.36 RMB per share following the company's equity distribution plan [13][14]. Conclusion - The independent financial advisor concludes that the conditions for the second vesting period have been met, and the company is authorized to proceed with the vesting process in accordance with the incentive plan and relevant regulations [16].
海泰科: 上海荣正企业咨询服务(集团)股份有限公司关于青岛海泰科模塑科技股份有限公司2023年限制性股票激励计划第二个归属期归属条件成就之独立财务顾问报告