According to the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Equity Incentives of Listed Companies, the Trial Measures for Equity Incentives of State-controlled Listed Companies (Domestic), the Notice on Issues Related to Regulating the Implementation of Equity Incentive Systems by State-controlled Listed Companies, and the Guidelines for Implementing Equity Incentives by Central Enterprise-controlled Listed Companies, as well as relevant provisions of the Articles of Association, the Remuneration and Assessment Committee of Xugong Group Engineering Machinery Co., Ltd. conducted a verification of the list of incentive objects for the second unlocking period of the initial grant under the 2023 Restricted Stock Incentive Plan (Draft). The verification opinions are as follows:
- The company meets the con