Suzhou Sushi Testing Group Co.Ltd(300416) board of directors
Notes on the compliance of the company’s second draft employee stock ownership plan
Suzhou Sushi Testing Group Co.Ltd(300416) (hereinafter referred to as the “company”) in accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China and the guidance on the pilot implementation of employee stock ownership plan by listed companies (hereinafter referred to as the “guidance”) (hereinafter referred to as the “guidelines for the formulation of the company’s stock ownership plan and the articles of association of the Shenzhen Stock Exchange (hereinafter referred to as” the second phase of the company’s self regulatory regulations) “(hereinafter referred to as” the second phase of the company’s stock ownership plan) (hereinafter referred to as “the company’s Stock Ownership Plan”) and “the company’s self regulatory regulations”), The board of Directors hereby explains that the ESOP complies with the guiding opinions and other relevant provisions as follows:
1、 The company does not prohibit the implementation of ESOP in laws, regulations and normative documents such as the guiding opinions and the guidelines for the standardized operation of gem.
2、 The content of the ESOP complies with the provisions of relevant laws, regulations and normative documents such as the guiding opinions and the guidelines for the standardized operation of gem, and the procedures are legal and effective.
3、 Before the company launched the employee stock ownership plan, the employee representative meeting has been held and the opinions of employees have been fully consulted. The decision-making procedure for the company to review the relevant proposals of the employee stock ownership plan is legal and effective, and there is no situation that damages the interests of the company and all shareholders, or forces employees to participate in the employee stock ownership plan by means of apportionment and forced distribution.
4、 The proposed holders of the employee stock ownership plan meet the holder conditions specified in the guiding opinions, guidelines for the standardized operation of gem and other relevant laws, regulations and normative documents, meet the holder scope specified in the employee stock ownership plan, and their subject qualification as the holders of the company’s employee stock ownership plan is legal and effective. The total number of shares held by all effective employee stock ownership plans of the company shall not exceed 10% of the total share capital of the company, and the share held by any holder shall not exceed 1% of the total share capital of the company.
5、 The implementation of the employee stock ownership plan is conducive to establish and improve the benefit sharing mechanism between workers and owners, improve the level of corporate governance, improve the cohesion and competitiveness of employees, mobilize the enthusiasm and creativity of employees, and promote the long-term, sustainable and healthy development of the company. There is no situation that damages the interests of the company and the legitimate rights and interests of all shareholders.
To sum up, the board of Directors believes that the implementation of the ESOP by the company complies with the guiding opinions, guidelines for standardized operation of gem and other relevant provisions.
It is hereby explained.
Suzhou Sushi Testing Group Co.Ltd(300416) board of directors March 21, 2022
