Definitions
In this report, unless the context otherwise requires, the following terms have the meanings set forth below:
Ligao Foods, the Company | Shenzhen Ligao Foods Co., Ltd. (Stock Abbreviation: Ligao Foods; Stock Code: 300973) This Incentive Plan | Shenzhen Ligao Foods Co., Ltd. 2022 Restricted Stock Incentive Plan "Equity Incentive Plan (Draft)" | "Shenzhen Ligao Foods Co., Ltd. 2022 Restricted Stock Incentive Plan (Draft)" Independent Financial Advisor Report, This Report | Shenzhen Tashan Consulting Co., Ltd. Report on the Cancellation of Part of Ligao Foods Co., Ltd.'s 2022 Restricted Stock Incentive Plan Restricted Stock, Second Tranche Restricted Stock | Upon meeting the vesting conditions, the incentive recipient obtains A-share common stock issued by the company on a directed basis, according to the vesting arrangements of this incentive plan. Incentive Recipients | Personnel participating in this incentive plan Grant Date | The date on which the company grants the second tranche restricted stock to the incentive recipients. The grant date must be a trading day. Grant Price | The price at which the company grants each share of second tranche restricted stock to the incentive recipients. Vesting | The act of the company registering the granted second tranche restricted stock into the incentive recipient's personal securities account after the incentive recipient meets the vesting conditions. Vesting Conditions | The conditions that must be met for the granted second tranche restricted stock to be registered by the company. Vesting Date | The date on which the granted second tranche restricted stock vests, after the incentive recipient meets the vesting conditions. The vesting date must be a trading day. "Company Law" | "The Company Law of the People's Republic of China" "Securities Law" | "The Securities Law of the People's Republic of China" "Management Measures" | "Management Measures for Equity Incentives of Listed Companies" "Articles of Association" | "Articles of Association of Shenzhen Ligao Foods Co., Ltd." "Listing Rules" | "Shenzhen Stock Exchange GEM Stock Listing Rules" "Business Handling Guidelines" | "Shenzhen Stock Exchange GEM Company Self-Regulatory Guidelines No. 1 - Business Handling" CSRC | China Securities Regulatory Commission SZSE | Shenzhen Stock Exchange ChinaClear | China Securities Depository and Clearing Corporation Limited Shenzhen Branch This Independent Financial Advisor, Tashan Consulting | Shenzhen Tashan Consulting Co., Ltd. RMB, Ten Thousand RMB | RMB, Ten Thousand RMB
Statement
Tashan Consulting was entrusted by Ligao Foods to serve as the independent financial advisor for the 2022 Restricted Stock Incentive Plan and to issue this report. In issuing this report, this independent financial advisor makes the following statements:
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This report is prepared in accordance with the "Company Law," "Securities Law," "Management Measures," "Listing Rules," and "Business Handling Guidelines," and based on the information and materials provided by the company. The company has guaranteed that the relevant information and materials provided regarding this incentive plan are true, accurate, and complete, and contain no false records, misleading statements, or material omissions.
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This independent financial advisor expresses professional opinions solely on the feasibility of this incentive plan, whether it is beneficial to the sustained development of the listed company, whether it harms the interests of the listed company, and the impact on shareholder interests. It does not constitute any investment advice to the listed company. This independent financial advisor assumes no responsibility for any risks that investors may incur based on any investment decisions made according to this report.