Yuhuan CNC Machine Tool (SZ:002903) Shang Hai Zheng Quan Bao·2025-09-07 18:46Core Viewpoint - The independent financial advisor report on the 2025 Restricted Stock Incentive Plan of Yuhuan CNC Machine Tool Co., Ltd. confirms that the plan complies with relevant laws and regulations, and it is deemed feasible and beneficial for the company's sustainable development [4][41][18]. Group 1: Compliance and Feasibility - The company does not fall under any prohibitive conditions for implementing the stock incentive plan as per the Management Measures [4][40]. - The independent financial advisor has conducted thorough investigations and confirmed that the plan's provisions align with the Company Law, Securities Law, and relevant regulations [5][40]. - The plan's operational procedures are deemed feasible, and the outlined matters comply with the Management Measures [5][11]. Group 2: Incentive Object and Allocation - The incentive objects are determined based on legal qualifications and are all employees of the subsidiary Hunan Southern Machine Tool Co., Ltd. [8][43]. - The total number of restricted stocks to be granted is 1,040,000 shares, accounting for 0.67% of the company's total share capital [10][11]. - The allocation of stock incentives ensures that no single incentive object receives more than 1% of the total share capital [11][10]. Group 3: Pricing and Financial Support - The grant price for the restricted stocks is set at 11.46 yuan per share, which meets the regulatory requirements [12][13]. - The plan explicitly states that the company will not provide any financial assistance to the incentive objects, ensuring the protection of the company's interests [14][41]. Group 4: Performance Assessment - The performance assessment system includes both subsidiary-level and individual-level evaluations, with specific revenue growth targets set for the subsidiary [21][22]. - The performance indicators are designed to be reasonable and scientifically based, promoting the company's high-quality development [21][22]. Group 5: Approval Process - The plan has been approved by the company's board of directors and supervisory board, and it will be submitted for approval at the upcoming shareholders' meeting [39][42]. - The necessary procedures for the plan's implementation have been followed, ensuring compliance with legal and regulatory requirements [15][41].