Kingsignal Technology Co.Ltd(300252)
The board of directors’ statement on the compliance of the company’s draft employee stock ownership plan in 2022 Kingsignal Technology Co.Ltd(300252) (hereinafter referred to as “the company”) is in accordance with the company law of the people’s Republic of China (hereinafter referred to as “the company law”), the securities law of the people’s Republic of China (hereinafter referred to as “the securities law”) and the guidance on the pilot implementation of employee stock ownership plan by listed companies (hereinafter referred to as “the guidance”) Laws, regulations and normative documents such as self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – Guidelines for the standardized operation of companies listed on GEM (hereinafter referred to as the “guidelines for the standardized operation of gem”) and the articles of association of Kingsignal Technology Co.Ltd(300252) company (hereinafter referred to as the “articles of association”), and formulate the Kingsignal Technology Co.Ltd(300252) 2022 employee stock ownership plan (Draft) (hereinafter referred to as the “Employee Stock Ownership Plan”), Whether the ESOP complies with the guiding opinions and other relevant provisions is explained 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, 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. The related directors have avoided voting when reviewing the relevant matters of the stock ownership plan in accordance with the provisions of relevant laws, regulations and normative documents. There is no situation that damages 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.
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 holder 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 of employees and the competitiveness of the company, mobilize the enthusiasm and creativity of employees, and promote the long-term, sustainable and healthy development of the company, without damaging the interests of the company and all shareholders.
To sum up, the board of Directors believes that the implementation of the employee stock ownership plan by the company complies with the guiding opinions, guidelines for standardized operation of gem and other relevant provisions.
It is hereby explained.
Kingsignal Technology Co.Ltd(300252) board of directors may 20, 2022
