Yuan Longping High-Tech Agriculture Co.Ltd(000998) board of supervisors
Verification opinions on matters related to the employee stock ownership plan in the first phase of the long-term service plan
All supervisors of Yuan Longping High-Tech Agriculture Co.Ltd(000998) (hereinafter referred to as "the company") carefully reviewed the relevant meeting materials of the ninth (Interim) meeting of the eighth board of supervisors, after full and comprehensive discussion and analysis, and in accordance with relevant regulations, The verification opinions on matters related to the first phase of the company's long-term service plan employee stock ownership plan (hereinafter referred to as "this Employee Stock Ownership Plan") are as follows:
1、 The company is not prohibited from implementing the employee stock ownership plan as stipulated in the guiding opinions on the pilot implementation of the employee stock ownership plan by listed companies, and the company has the subject qualification to implement the employee stock ownership plan.
2、 Before the announcement, the employee stock ownership plan has been fully solicited for opinions by convening the employee congress. The formulation of the employee stock ownership plan follows the principle of "compliance according to law, voluntary participation and risk bearing", and complies with the relevant provisions such as the guiding opinions on the pilot implementation of employee stock ownership plan by listed companies.
3、 The personnel who intend to participate in the ESOP meet the conditions specified in the guidance on the pilot implementation of the ESOP by listed companies, meet the scope of participants specified in the ESOP, and the subject qualification is legal and effective.
4、 The implementation of the employee stock ownership plan by the company is conducive to establishing and improving the incentive and restraint mechanism, fully mobilizing the enthusiasm and creativity of the company's management team and business backbone, and promoting the sustainable and healthy development of the company. There is no situation that damages the interests of the company and all shareholders, and there is no situation that employees are forced to participate in the employee stock ownership plan by means of apportionment and forced distribution.
Yuan Longping High-Tech Agriculture Co.Ltd(000998) board of supervisors February 15, 2002
