Core Viewpoint - The report discusses the second batch of reserved grants under the 2024 restricted stock incentive plan of Anhui Sentai Wood-Plastic Group Co., Ltd, highlighting the approval processes and conditions for granting restricted stocks to eligible employees [5][7][9]. Summary by Sections 1. Company Overview - Anhui Sentai Wood-Plastic Group Co., Ltd is referred to as "Sentai Co." in the report, which outlines its plans for a restricted stock incentive program aimed at motivating key personnel [1]. 2. Incentive Plan Details - The 2024 restricted stock incentive plan includes provisions for granting restricted stocks to eligible employees, including directors and senior management, upon meeting specific performance conditions [1][5]. - The reserved grant date for the second batch is set for August 29, 2025, with a grant price of 7.81 yuan per share [7][8]. 3. Approval Process - The company has followed necessary approval procedures, including board meetings and shareholder meetings, to validate the incentive plan and its implementation [5][6][9]. - The first batch of grants was publicly announced between September 3 and September 12, 2024, with the first grant date confirmed as September 24, 2024 [6][7]. 4. Grant Conditions - The eligibility for receiving restricted stocks requires that neither the company nor the incentive recipients have encountered any disqualifying events as outlined in the plan [7][9]. - The total number of shares reserved for the second batch is 223,698, representing 0.19% of the company's total share capital [8]. 5. Financial Impact - The independent financial advisor recommends that the company account for the costs associated with the stock incentive plan in accordance with relevant accounting standards, while also considering potential dilution effects on existing shareholders [9]. 6. Conclusion - The independent financial advisor concludes that the second batch of reserved grants has received the necessary approvals and aligns with legal and regulatory requirements, ensuring no detriment to the interests of the company and its shareholders [9].