Yuhuan CNC Machine Tool (SZ:002903) Xin Lang Cai Jing·2025-09-07 23:25Core Viewpoint - The independent financial advisor has issued a report on the restrictive stock incentive plan of Yuhuan CNC, confirming its compliance with relevant laws and regulations, and asserting that the plan is feasible and beneficial for the company's sustainable development [5][6][19]. Group 1: Compliance and Feasibility - The independent financial advisor confirms that Yuhuan CNC does not fall under any prohibitive conditions for implementing stock incentives as per the Management Measures [5]. - The advisor has conducted thorough investigations and reviews of relevant documents, ensuring the authenticity and completeness of the information provided by Yuhuan CNC [2][3]. - The advisor believes that the incentive plan's operational procedures are feasible and comply with the relevant regulations [6]. Group 2: Incentive Plan Details - The total number of restricted stocks to be granted under the incentive plan is 1,040,000 shares, accounting for 0.67% of the company's total share capital [11]. - The grant price for the restricted stocks is set at 11.46 yuan per share, which is in accordance with the pricing regulations [13][14]. - The incentive plan includes a comprehensive performance assessment system that considers both company-level and individual-level performance metrics [22][24]. Group 3: Performance Assessment and Impact - The performance targets for the incentive plan are based on the revenue growth rates of the subsidiary, Southern Machine Tool, with expected growth rates of no less than 30%, 60%, and 100% for the years 2025 to 2027 [23]. - The advisor emphasizes that the implementation of the stock incentive plan will positively impact the company's operational capabilities and shareholder interests, aligning the interests of management with those of shareholders [19][20]. - The performance assessment system is designed to be sustainable, comprehensive, and operable, ensuring that the incentive plan meets its objectives effectively [24].