Zheng Quan Zhi Xing·2025-08-29 18:14Core Viewpoint - The independent financial advisor report from Dongfang Securities regarding Shanghai Huide Technology Co., Ltd.'s 2024 restricted stock incentive plan indicates that the plan has received necessary approvals and is in compliance with relevant regulations [4][15]. Group 1: Definitions and Assumptions - The report defines key terms related to the incentive plan, including "restricted stock," "grant date," and "incentive objects," which include directors, senior management, and key personnel [1][2]. - Basic assumptions for the report include the stability of current laws and regulations, the reliability of provided documents, and the absence of unforeseen adverse factors [4]. Group 2: Independent Financial Advisor's Opinions - The advisor confirms that the approval and authorization for the reserved grant of restricted stock have been obtained, and the plan aligns with the management regulations and incentive plan requirements [6][15]. - The advisor notes that the grant price for the restricted stock has been adjusted from 7.27 yuan per share to 6.90 yuan per share due to a cash dividend distribution [6][7]. Group 3: Grant Conditions and Performance Requirements - The report outlines that the grant of restricted stock is contingent upon the company meeting specific performance targets, including a minimum net profit growth of 30% for the first release period and 50% for the second [10][11]. - Individual performance assessments will also be conducted, with the potential for varying percentages of stock release based on personal performance evaluations [12]. Group 4: Distribution and Impact - The total number of restricted stocks to be granted is 621,750 shares, with 30 individuals identified as incentive objects, representing 20% of the total planned grant [14]. - The report emphasizes the need for accurate accounting treatment of the incentive plan's financial impact, advising that the effects on financial status and operating results should be confirmed by annual audit reports [15].