Shenzhen Sunlord Electronics Co.Ltd(002138)
Explanation of the board of directors that the company's third phase employee stock ownership plan (Draft) complies with the relevant provisions of the guiding opinions on the pilot implementation of employee stock ownership plan by listed companies
The Shenzhen Sunlord Electronics Co.Ltd(002138) third phase employee stock ownership plan (Draft) (hereinafter referred to as "Employee Stock Ownership Plan (Draft)") is formulated in accordance with the company law, the securities law, the guiding opinions on the pilot implementation of employee stock ownership plan by listed companies (hereinafter referred to as "guiding opinions") and other relevant laws, administrative regulations, rules, normative documents and the provisions of Shenzhen Sunlord Electronics Co.Ltd(002138) articles of association, Shenzhen Sunlord Electronics Co.Ltd(002138) (hereinafter referred to as "the company") all directors, in a prudent and responsible manner, hereby make the following explanations on the compliance of this ESOP with the guiding opinions and other relevant provisions:
1. The company is not prohibited from implementing the employee stock ownership plan as stipulated in the guiding opinions and other laws and regulations.
2. The employee stock ownership plan (Draft) complies with the basic principles of implementing the employee stock ownership plan stipulated in the guiding opinions.
3. The content of the employee stock ownership plan (Draft) complies with the provisions of relevant laws, regulations and normative documents such as the guiding opinions.
4. The company's decision-making procedures for reviewing the proposals related to the employee stock ownership plan are legal and effective.
5. The employee stock ownership plan does not harm the interests of the company and minority shareholders, nor does it force employees to participate in the employee stock ownership plan by means of apportionment and forced distribution.
6. The list of participants in the employee stock ownership plan has been determined by the board of directors and verified by the board of supervisors. The proposed participants in the third phase of the employee stock ownership plan meet the conditions specified in the guiding opinions and other laws, regulations and normative documents.
7. The implementation of the company's employee stock ownership plan will be conducive to the sustainable development of the company, and there will be no damage to the interests of the company and minority shareholders.
In conclusion, the company's implementation of this ESOP complies with the guiding opinions and other relevant provisions.
It is hereby explained.
Shenzhen Sunlord Electronics Co.Ltd(002138) board of directors
March 18, 2002
