Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng (Hangzhou) Law Firm confirms that Zhejiang Wan'an Technology Co., Ltd. is qualified to implement the 2025 Employee Stock Ownership Plan (ESOP) in compliance with relevant laws and regulations [1][5][8]. Group 1: Company Qualifications - Zhejiang Wan'an Technology Co., Ltd. is a legally established and effectively existing listed company, meeting the qualifications required to implement the ESOP as per the guidelines [6][12]. - The company has completed the necessary registration and has been publicly listed since June 8, 2011, with a total share capital of 51,905,247.77 shares [5][6]. Group 2: ESOP Legality and Compliance - The ESOP will involve company directors (excluding independent directors), supervisors, senior management, core management personnel, and key employees [7][9]. - The stock for the ESOP will be sourced from shares repurchased by the company, with a maximum of 800,000 shares, accounting for 0.15% of the total share capital [7][10]. - The funding for the ESOP will come from employees' legal salaries, self-raised funds, and other legally permitted methods, with no financial assistance provided by the company [7][12]. Group 3: ESOP Management and Governance - The ESOP will be managed internally, with the highest authority being the holders' meeting, which will elect a management committee to oversee the plan [8][10]. - The plan ensures that all participants voluntarily join and bear their own risks, aligning with the guidelines on voluntary participation and risk assumption [9][11]. Group 4: Legal Procedures and Disclosure - The company has fulfilled the necessary decision-making and approval procedures, including soliciting employee opinions and ensuring that related directors abstain from voting on relevant resolutions [12][13]. - The company will disclose relevant information regarding the ESOP on the designated information disclosure platform, complying with the required disclosure obligations [14][15]. Group 5: Avoidance of Conflicts and Relationships - The ESOP's design prevents any potential conflicts of interest between the plan participants and other shareholders, ensuring that no single participant can exert significant influence over the management committee [15][16]. - There are no agreements or arrangements indicating a concerted action relationship between the ESOP participants and the company's major shareholders or management [15][16].

Group 1 - The article highlights the busy schedule of the agricultural machinery cooperative in Wuzhi County, where the chairman, Shi Caiwang, manages over 70 harvesters and 100 operators during the peak "Sanxia" season [1] - Shi Caiwang is recognized as a local expert in agricultural machinery, having over 40 years of experience, and is known for quickly diagnosing and resolving machinery issues through video consultations with operators [2] - The cooperative not only serves its own members but also assists external operators from other regions, providing a comprehensive service that includes repairs and logistics support [2]

Group 1 - The core viewpoint of the article highlights the critical role of agricultural machinery repair services during the summer wheat harvest in Henan, where 90% of the wheat has been harvested [1] - Agricultural machinery repair technicians, like Ma Jun, provide timely and efficient services, ensuring that farmers can complete their harvest without delays [4][7] - The establishment of multiple repair service points and emergency repair teams by the local agricultural bureau demonstrates the organized support for farmers during the peak harvest season [7] Group 2 - Ma Jun's repair service operates with a 15-minute response time and a 24-hour service guarantee, emphasizing the urgency and importance of their role in the agricultural supply chain [4] - The article describes the hands-on experience of technicians, who often transition from operating machinery to repairing it, enhancing their skills and service quality [6] - The continuous operation of repair services, even at night, ensures that all machinery is ready for the next day's work, reflecting the dedication of the repair teams [7]