Infore Environment Technology Group Co.Ltd(000967) board of directors
About the second phase of employee stock ownership plan (Draft)
Guidance on pilot implementation of ESOP by listed companies
Description of relevant regulations
Infore Environment Technology Group Co.Ltd(000967) (hereinafter referred to as “the company”) the second phase of employee stock ownership plan (Draft) (hereinafter referred to as “the employee stock ownership plan”) in accordance with the company law, the securities law and the guidance on the pilot implementation of employee stock ownership plan by listed companies (hereinafter referred to as “the guidance”) The guidelines for information disclosure of listed companies of Shenzhen Stock Exchange No. 4 – employee stock ownership plan and other laws and regulations, normative documents, articles of association and other relevant provisions are formulated. The board of Directors hereby makes the following explanations on the compliance of the second phase of employee stock ownership plan (Draft) with the guiding opinions and other relevant provisions in accordance with 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, and the company has the subject qualification to implement the employee stock ownership plan.
2. The employee stock ownership plan is formulated and implemented according to the actual situation of the company. Before the announcement, the employee stock ownership plan has fully solicited opinions by convening the employee congress, which is in line with the relevant provisions of laws and regulations such as the guiding opinions.
3. All the personnel who intend to participate in the employee stock ownership plan meet the holder conditions specified in the guiding opinions and other laws and regulations on the employee stock ownership plan, meet the holder range specified in the employee stock ownership plan, and their main qualification as the holder of the company’s employee stock ownership plan is legal and effective.
4. The company’s implementation of this ESOP is conducive to deepening the company’s incentive system, improving the company’s long-term and effective incentive and restraint mechanism, further improving the benefit sharing mechanism between the company and employees, improving the company’s cohesion and competitiveness, and is conducive to the sustainable development of the company. There is no damage to the interests of the company and all shareholders, and there is no apportionment Forced distribution and other ways to force employees to participate in the employee stock ownership plan.
In conclusion, the board of directors of the company believes that the formulation and contents of the second phase of employee stock ownership plan (Draft) of the company comply with the relevant provisions of the guiding opinions and are feasible.
It is hereby explained.
Infore Environment Technology Group Co.Ltd(000967)
Board of directors
January 15, 2022
