300776SZSE

Independent Financial Advisor Report of Shenzhen Tashan Enterprise Management Consulting Co., Ltd. on the Cancellation of Unvested Restricted Stocks of Wuhan Dier Laser Technology Co., Ltd. 2023 Plan

Wuhan DR Laser Technology Co., Ltd.·

✨ AI Summary

This report outlines the cancellation of 586,790 unvested restricted stocks under Wuhan Dier Laser's 2023 incentive plan due to unmet performance criteria. The necessary procedures and disclosures have been completed, confirming compliance with relevant regulations. The independent financial advisor concludes that the cancellation aligns with the company's governance and regulatory requirements.

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Full Translation

AI Translation· azure_openai

Independent Financial Advisor Report

Table of Contents

  1. Introduction to the Necessary Procedures of the Incentive Plan
  2. Cancellation of Restricted Stocks
  3. Conclusive Opinions
  4. Reference Information

Definitions

Unless otherwise specified in context, the following terms have the meanings ascribed to them:

  • Dier Laser, Company: Refers to Wuhan Dier Laser Technology Co., Ltd.
  • This Incentive Plan: Refers to the 2023 Restricted Stock Incentive Plan of Wuhan Dier Laser Technology Co., Ltd.
  • Independent Financial Advisor Report, This Report: Refers to the Independent Financial Advisor Report of Shenzhen Tashan Enterprise Management Consulting Co., Ltd. regarding the cancellation of unvested restricted stocks under the 2023 incentive plan.
  • Restricted Stocks, Second Category Restricted Stocks: Refers to ordinary A shares issued by the company to the incentive objects upon meeting vesting conditions as stipulated in this incentive plan.
  • Incentive Objects: Refers to personnel participating in this incentive plan.
  • Grant Date: The date on which the company grants the second category restricted stocks to the incentive objects, which must be a trading day.
  • Grant Price: The price at which the company grants each share of the second category restricted stocks to the incentive objects.
  • Vesting: The act of registering the granted second category restricted stocks to the personal securities accounts of the incentive objects after they meet the benefit conditions.
  • Vesting Conditions: The benefit conditions that must be met for the second category restricted stocks granted to the incentive objects to be registered by the company.
  • Vesting Date: The date on which the granted second category restricted stocks are registered after the incentive objects meet the benefit conditions, which must be a trading day.
  • Company Law: Refers to the Company Law of the People's Republic of China.
  • Securities Law: Refers to the Securities Law of the People's Republic of China.
  • Management Measures: Refers to the Management Measures for Equity Incentives of Listed Companies.
  • Listing Rules: Refers to the Listing Rules for the Growth Enterprise Market of the Shenzhen Stock Exchange.
  • Self-Regulatory Guidelines: Refers to the Self-Regulatory Guidelines No. 1 for Business Handling of Listed Companies on the Growth Enterprise Market of the Shenzhen Stock Exchange.
  • Articles of Association: Refers to the Articles of Association of Wuhan Dier Laser Technology Co., Ltd.
  • CSRC: Refers to the China Securities Regulatory Commission.
  • SZSE: Refers to the Shenzhen Stock Exchange.
  • Registration and Settlement Company: Refers to China Securities Depository and Clearing Corporation Limited Shenzhen Branch.
  • This Independent Financial Advisor, Tashan Consulting: Refers to Shenzhen Tashan Enterprise Management Consulting Co., Ltd.
  • Yuan, Ten Thousand Yuan: Refers to Renminbi Yuan, Ten Thousand Yuan.

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