Core Viewpoint - The company is set to implement a 2025 Employee Stock Ownership Plan (ESOP) that aligns with relevant laws and regulations, aiming to enhance employee motivation and promote sustainable development [1][2][3] Group 1: Compliance and Approval - The ESOP draft has been reviewed by the company's Board of Directors' Compensation and Assessment Committee and the Supervisory Board, confirming its compliance with the Company Law, Securities Law, and other regulatory guidelines [1][2] - The plan adheres to the principle of voluntary participation, ensuring that employees are not forced into the program, and it will require approval from the shareholders' meeting before implementation [1][2] Group 2: Performance and Governance - The ESOP includes performance assessment criteria that reflect a balance of incentives and constraints, ensuring that the evaluation metrics are scientific and reasonable [3] - The plan aims to establish a mechanism for shared benefits and risk-sharing, enhancing corporate governance and boosting employee engagement, cohesion, and competitiveness for long-term sustainable growth [3]

Meeting Overview - The sixth board meeting of Foshan Haitian Flavoring Food Co., Ltd. was held on August 28, 2025, with all 9 directors present [1][2]. Financial Reporting - The board approved the 2025 semi-annual report and summary, which complies with relevant regulations and guidelines [2][3]. - The report is available on the Shanghai Stock Exchange and Hong Kong Stock Exchange websites [2][3]. Capital and Governance Changes - The board approved a proposal to change the registered capital, cancel the supervisory board, and amend the company's articles of association [3][4]. - The proposal requires submission to the shareholders' meeting for approval [3]. Rule Amendments - Multiple governance documents were revised and approved, including: - Shareholders' meeting rules [3][4] - Board meeting rules [3][4] - Fund management system [4] - External guarantee management system [4] - Independent director work system [4] - Accountant selection system [5][6] - All amendments require submission to the shareholders' meeting for approval [4][5]. Profit Distribution - The board approved a profit distribution plan for the first half of 2025, proposing a cash dividend of 2.60 yuan per 10 shares, totaling approximately 1.52 billion yuan, which is about 38.80% of the net profit attributable to shareholders [9][10]. Employee Stock Ownership Plan - The board approved the draft of the 2025 A-share employee stock ownership plan and its management measures, which will be submitted to the shareholders' meeting for approval [10][11]. Shareholders' Meeting - The board proposed to convene the first extraordinary shareholders' meeting of 2025 [11].

Group 1 - The board of directors of Dongguan Yutong Optical Technology Co., Ltd. held its sixth meeting of the fourth session, with all nine directors present, confirming the legality and validity of the meeting [1] - The board approved the 2025 semi-annual report and its summary, affirming that the report accurately reflects the company's situation without any false records or omissions [2][3] - The board also approved the profit distribution plan for the first half of 2025, which will be submitted to the second extraordinary general meeting of shareholders for review [2][3] Group 2 - The board approved a special report on the use of raised funds for the first half of 2025, with all votes in favor [2][3] - A proposal to establish a wholly-owned subsidiary in Japan was also approved unanimously [2][3] - The board approved amendments to the company's articles of association, which will be submitted to the second extraordinary general meeting of shareholders for review [3] Group 3 - The board passed a series of governance system amendments, all receiving unanimous support [3][4] - The board approved the draft and summary of the 2025 restricted stock incentive plan, which will be disclosed on the company's information platform [4][5] - The board also approved the management measures for the implementation of the 2025 restricted stock incentive plan, which will require shareholder approval [5][6] Group 4 - The board proposed to authorize the board to handle matters related to the 2025 restricted stock incentive plan, including determining eligibility and adjusting stock quantities as necessary [6][7] - The board approved the draft and summary of the 2025 employee stock ownership plan, which will also be submitted for shareholder approval [7][8] - A proposal for the board to manage the employee stock ownership plan was approved, with all votes in favor [8][9] Group 5 - The board approved a proposal for external investment and related party transactions, with independent directors providing clear consent [9] - The board decided to hold the second extraordinary general meeting of shareholders on September 15, 2025, combining on-site and online voting [9][10]

Meeting Overview - The fifth session of the Supervisory Board of Guangxi Liuyuan Group Co., Ltd. was held on August 28, 2025, and was deemed legally valid with three supervisors present [1][2]. Resolutions Passed - The Supervisory Board approved the 2025 semi-annual report and summary, affirming that the report accurately reflects the company's operational results and financial status as of June 30, 2025 [2][3]. - The board also approved a special report on the storage and actual use of raised funds, confirming that it truthfully reflects the management and usage of funds [2][3]. - A resolution to cancel the Supervisory Board and amend the Articles of Association was passed, with the responsibilities being transferred to the Audit Committee of the Board [3][4]. - The board approved the purchase of liability insurance for directors and senior management, which is expected to enhance compliance and risk management without significantly impacting the company's financial status [3][4]. - The 2025 stock option incentive plan draft was approved, aimed at improving the incentive and restraint mechanism for the core team, promoting long-term healthy development [4][5]. - The management measures for the implementation of the stock option incentive plan were also approved, ensuring a balanced long-term incentive and restraint mechanism [5][6]. - The board conducted a preliminary review of the list of incentive objects for the stock option plan, confirming their eligibility under relevant laws and regulations [6][7]. - The 2025 employee stock ownership plan draft was approved, which aims to align employee interests with the company's long-term development [8][9]. - The management measures for the employee stock ownership plan were approved, ensuring its smooth implementation and compliance with regulations [9][10].

Core Viewpoint - The company has approved the implementation of the 2025 Employee Stock Ownership Plan (ESOP) to enhance corporate governance, employee cohesion, and competitiveness, while attracting and retaining talented management for sustainable development [1][2]. Summary by Relevant Sections - The company convened the 13th meeting of the 9th Supervisory Board on August 28, 2025, to review the ESOP proposal, ensuring compliance with relevant laws and regulations [1]. - The Supervisory Board confirmed that the ESOP draft aligns with the guidelines and does not involve any coercive participation or financial assistance to employees [1][2]. - The decision-making process for the ESOP was deemed legal and effective, with the proposal set to be submitted for shareholder approval [2].

Group 1 - The core viewpoint of the announcement is the approval of the 2025 Employee Stock Ownership Plan (ESOP) by the Supervisory Board, which aims to enhance corporate governance and attract talent [2][3] - The Supervisory Board meeting was held on August 28, 2025, with all three members present, and the meeting complied with relevant laws and regulations [1] - The proposal for the ESOP received unanimous approval with 3 votes in favor, indicating strong support from the Supervisory Board [2] Group 2 - The implementation of the 2025 ESOP is expected to improve the company's governance structure and establish a long-term incentive mechanism [2] - The management measures for the ESOP are designed to ensure its smooth implementation and compliance with regulations, contributing to the company's sustainable development [2] - The detailed content of the ESOP will be published on the Giant Tide Information Network, and the proposal will be submitted for approval at the company's first extraordinary general meeting of shareholders in 2025 [2][3]

Core Viewpoint - The Supervisory Board of Foshan Haitian Flavoring Food Co., Ltd. has reviewed the employee stock ownership plan for 2025, confirming its compliance with relevant laws and regulations, and highlighting its potential benefits for corporate governance and employee motivation [1]. Summary by Relevant Sections Compliance with Regulations - The employee stock ownership plan aligns with the Company Law, Securities Law, and relevant guidelines, ensuring no harm to the company or shareholders [1]. Voluntary Participation - The plan is based on voluntary participation, with no coercion or forced distribution of shares to employees [1]. Corporate Governance and Development - The plan aims to enhance the company's governance structure and establish a long-term incentive mechanism, which is expected to boost the motivation and creativity of core management and key employees, contributing to the company's sustainable development [1].

Meeting Overview - The sixth meeting of the sixth session of the Supervisory Board of Foshan Haitian Flavoring & Food Co., Ltd. was held on August 14, 2025, with all three supervisors present [1][2]. Financial Reporting - The Supervisory Board approved the 2025 semi-annual report and summary, confirming compliance with relevant regulations and ensuring the information is true, accurate, and complete [1][2]. Profit Distribution - The proposal for the 2025 mid-term profit distribution plan was approved, emphasizing the importance of sharing business development results with investors while considering long-term interests [2][3]. Employee Stock Ownership Plan - The Supervisory Board approved the draft of the 2025 A-share employee stock ownership plan, which will be submitted for shareholder meeting approval [3][4]. Governance Changes - A proposal to abolish the Supervisory Board was approved, allowing the Audit Committee of the Board to assume the responsibilities of the Supervisory Board, aimed at improving corporate governance [4][5].

Core Viewpoint - The independent financial advisory report outlines the employee stock ownership plan (ESOP) for Huanyu Century, emphasizing its role in retaining core talent and aligning employee interests with company performance [3][10][11]. Summary by Sections 1. Basic Principles of the Employee Stock Ownership Plan - The ESOP will be implemented in compliance with legal regulations, ensuring voluntary participation without coercion [3][4]. - Participants bear their own risks and profits, maintaining equal rights with other investors [3][4]. 2. Participants and Standards - Eligible participants include company directors (excluding independent directors), senior management, and other core personnel, with a maximum of 35 participants [4][5]. - The total shares held by the ESOP cannot exceed 10% of the company's total equity, and individual holdings are capped at 1% [5][6]. 3. Scale, Source, and Pricing of the ESOP - The ESOP involves a maximum of 10,116,700 shares, representing 1.0313% of the company's total equity [5][6]. - Shares will be sourced from the company's repurchased stock, with a repurchase budget of RMB 30 million to 50 million at a maximum price of RMB 4.2 per share [6][7]. - The subscription price for the shares is set at RMB 2.45 per share, ensuring it is not lower than 50% of the average trading price prior to the plan's announcement [8][10]. 4. Duration, Lock-up Period, and Performance Assessment - The ESOP has a lock-up period of 12 months, with performance assessments based on company revenue growth targets [11][13]. - The company aims for a revenue growth rate of no less than 20% for 2025 [13][14]. 5. Management Model - The ESOP will be managed internally, with a management committee overseeing daily operations and representing participants' rights [16][20]. - The management committee is responsible for convening meetings, managing assets, and ensuring compliance with regulations [20][21]. 6. Changes, Termination, and Rights of Participants - Any changes to the ESOP require approval from two-thirds of the participants and the board of directors [25][26]. - Participants have rights to dividends and other shareholder benefits, but cannot transfer or pledge their shares during the lock-up period [27][28].

Group 1 - The company, Dongguan Yutong Optical Technology Co., Ltd., is implementing an employee stock ownership plan (ESOP) for 2025, which aims to enhance employee engagement and align their interests with the company's performance [2][9][18] - The ESOP has undergone necessary legal procedures and is compliant with relevant laws and regulations, including the Company Law and Securities Law [9][13][18] - The plan allows employees to voluntarily participate, ensuring that there is no forced allocation of shares, which aligns with the principles of voluntary participation and risk-bearing [10][12][18] Group 2 - The ESOP will involve a lock-up period for the shares acquired, with different durations of 12, 24, and 36 months, starting from the date of stock transfer to the plan [11][12] - The total shares held under the ESOP will not exceed 10% of the company's total equity, and individual holdings will be capped at 1% of the total equity [11][12] - The management of the ESOP will be overseen by a committee elected by participating employees, ensuring that the management is representative and accountable [12][18] Group 3 - The company has committed to timely information disclosure regarding the ESOP, including board resolutions and relevant documents, in accordance with regulatory requirements [16][18] - The ESOP will allow participation in future financing activities, such as share placements or convertible bonds, subject to approval from the management committee and the holders' meeting [17][18] - There is no agreement or arrangement that constitutes a concerted action between the ESOP and the company's major shareholders or executives, ensuring independence in decision-making [17][18]