Trillions of market capitalization is not a dream

"Three billion market value is not a dream ()"

Tao We Mington, president of the first business department, said: "Then the signing of their settlement procedures is also official after the completion acceptance of the original contract.

In this way, after the example of the two downs, other suppliers have taken the initiative to overcome difficulties with the company in order not to lose our Western Construction Co., Ltd., in order not to lose our Western Building Co., Ltd., it is willing to overcome difficulties with the company.

We let the company have spent nearly two million progress, so that more suppliers help us across the project with nearly 80 million yuan, achieving a ratio of 40 times.

For the company's savings, additional flow funds are 78 million yuan.

Therefore, the boss, our first division department took the initiative to consider the problem of the company's funding, and made a reasonable work deployment in advance.

The crisis flames during operation quietly extracted, and did not let him hurt the company's normal operation. "

Bai Qingting realized that in such a very important conference, it could no longer mention the issues of Tao Ming Ming, president of the first business department.

Bai Qingting: "Tao always reports very exciting, please sit.

Let us thank the Wonderful report of Tao with warm applause. "

The conference room sounded a warm applause.

Bai Qingting: "The second business department Lei Chun has received 0.8 billion, and the payment rate reached 80%.

Everyone applauses. "

The meeting room sounded a buzz.

Bai Qingting: "The Fifth Division Song Zhiyuan pays 261 million, and the payment rate has been an amazing 90%.

Let us use warm applause, welcome the president of the Fifth Division, Song Yuan, to share the secrets of the payment rate. "

The core layer of the fifth division takes the lead in applauding with Bai Qingting's request.

The President of the Fifth Division said, and turned to everyone to smile and said: "In fact, the payment rate of our division is not so high.

My habits are letting you put the amount of the normal payment, and then combine the actual situation of the above-based value on this basis, and adjust 20% for their plan payment amount, and then let everyone execute.

The average payment rate increased by 15% in the theoretical value during the actual implementation process.

In particular, our Nanhai Zi District Zhao Manfu, he managed the Nanshan project, and the receipt of the payment of 20 million yuan, and even a miraculous achievement of 34.868 million yuan. More than 148.68 million yuan, accounted for 5.1% of the output value of the entire business department, which means that the good collection of Nanshan project has improved the collection rate of the entire fifth division of payment rate reached 5.1%. "

Bai Qingting: "Song, this Nanshan project is the original corporate rotten project. Now, it has achieved an excellent project that can pay in advance?"

The Fifth Division President Song Zhiyuan: "Yes, white boss.

This thing is also more than my expectation. "

Bai Qingting: "The spirit of notification according to our conference should be that the person in charge is coming.

Song, is you talking about Zhao Manfang, a person in charge of the production of Nanhai District? "

The Fifth Division President Song Yuan replied: "Zhao Manfu, the person in charge of the production of white boss and Nanhai area."

Bai Qingting: "Good.

I saw Zhao Manfu.

Come, Zhao, please tell me a few words.

Yes, please ask the venue service personnel to deliver the microphone to Zhao Manfu. "

Bai Qingting said on the assistant to the venue.

Zhao Manfiro took the microphone handed over the venue service staff: "Thank you for giving me a chance to report.

Thank you for the President of the Fifth Division President Song's care.

The process of achieving over-payment in Nanshan project is described, and it is not too much.

If you shoot a movie, you should take a few hours of hard work.

In this important conference, I briefly report the main process of achieving excess receivables:

1. Declaration of the on-the-time output value: business calculates only 25 million yuan, the actual completion value is only 25 million yuan.

The difference between these two data is very large, and I don't know how to handle the details.

I only remember that the output value confirmed 46 million yuan, and the amount of Hua Raide account to the general contracting unit was 36.8 million yuan. The amount of Hua Raide from the general contracting unit returned to the Western Building Co., Ltd. account is 34.868 million yuan.

This actual payment to the company's account is 34.86.8 million yuan than Song's collection indicators 33 million yuan. It has been 1868,000 yuan. "

Bai Qingting: "Well, the hardships of Zhao always tell the main process of this over-income project.

Just I am still more curious, how do you achieve a live output value of 25 million yuan, but sign back from 46 million yuan.

Zhao always, what did you just know this detailed process, is it? "

Zhao Manfu replied: "Yes, white boss, I don't know the details."

Bai Qingting: "Zhao, today you come to meet with the details of the details of this value confirmation."

Zhao Manfu replied: "Yes, he is my unique business person in charge Zhang Yunqing."

Zhang Yunqing replied: "....."

Bai Qingting told the "Western Construction Co., Ltd., the first stock option incentive plan" provided by lawyers (draft) "

Kyoto City Junbei Law Firm

About "Western Construction Co., Ltd. first stock option incentive plan

Legal opinion of (draft)

Western Construction Co., Ltd .::

Kyoto City Junbei Law Firm (hereinafter referred to as "This") is a law firm with legal business qualifications. The commission of Western Construction Co., Ltd. ("Company" or "Western Buildings"), on the "Western Building Co., Ltd." (Draft) "(hereinafter referred to as" incentive plan (draft) ") and Relevant matters (hereinafter referred to as "incentive plan" or "this incentive plan") serve as a special legal consultant and issued a book of legal opinions.

This legal opinion is based on the "Corporate Law of the People's Republic of China" (hereinafter referred to "), the" Securities Law "(hereinafter referred to as" Securities Law "), China Securities Regulatory Commission (hereinafter referred to as" China Securities Regulatory Commission ")" The equity incentives of listed companies (trial) "(hereinafter referred to as" Management Measures), "Memorandum No. 1 of the Equity Incentives" (hereinafter referred to as "Memo No. 1"), "equity")

Incentive Related Memorandial No. 2 "(hereinafter referred to as" Memo No. 2 ") and" Equity Incentives

Memorandum No. 3 "(hereinafter referred to as" Memorandum No. 3 ") and other laws, regulations and normative documents.

According to the requirements of laws, regulations and the company's entrustment, the lawyer's legal compliance, the statutory procedures, information disclosure, and the incentive plan of this incentive program have been reviewed, and the impact of the company and all shareholders' interests. According to the lawyer's understanding of the relevant facts and laws, the law has been issued legal advice on the fact that the Book of Legal opinions has occurred. This place only has the incentive plan

The legal issues of the relevant legal issues did not comment on illegal laws such as accounting, auditing. For these contents, the appropriate qualifications do not have verification and evaluation.

In order to issue this legal opinion, the lawyer verified the relevant documents and its copies provided by the company, and based on the company's lawyer's lawyer: The company has provided the legal opinions must be, true, complete Original written materials, copy materials or oral testures, there is no miss or conceal; all documents provided and the facts are true, accurate and complete; the company's files and files provided on the documentation and seals All are true; the copies or copies provided by the company are exactly the same as the original.

This legal opinion is signed by the lawyer's lawyers and encompasses the Etus. It is only available for the company to use the incentive plan. The lawyer agreed that the company will submit this legal opinion as an integral part of the incentive plan, and take responsibility for legal opinions issued by law.

According to the relevant legal provisions, the lawyers have verified the documents and related facts provided by the company and the relevant facts of the company, and the legal opinions are as follows:

First, the legal compliance of this incentive plan

(1) Main qualifications for implementing this incentive program

According to the Kyoto Municipal Administration for Industry and Commerce, "Business Legal Operations" issued on January 3, 2008

"(Registration Number: 1100000041xxxxx), the company established on September 12, 2001 (listed, natural person investment or holding).

According to the written description of the company and the appropriate verification of the lawyers, as of the date of the legal opinion, the company listed on the Shenzhen Stock Exchange does not have the situation in accordance with the laws, regulations and the "Corporate Articles of Association". There is no recent accounting annual financial accounting report to issue a negative opinion or unable to express an opinion report, and there is no case of administrative punishment by the China Securities Regulatory Commission for the China Securities Regulatory Commission in the last year.

According to the above, the company has the case where the incentive plan is not allowed to carry out the incentive plan in accordance with Article 7 of the Administrative Measures, and there is no incentive plan.

(2) Main qualification of motivation objects

1, the range of excitation objects

According to the "Incentive Plan (Draft)", the incentive target of this incentive program is 75 people in the company's backbone. The list of motivated objects will be detailed and detailed. According to the relevant documents provided by the company and the appropriate verification of the lawyers, the incentive object has been recognized by the company's board of directors and verified by the company's board of supervisors.

2, the main qualification of the motivation of the object

According to the relevant documents provided by the company and the appropriate verification of the company, the incentive objects are Chinese nationality and have a full civil capacity; the incentive object does not have the case of the publicly condemnation or announcement of the stock exchange in the last three years, there is no existence In the last three years, due to the situation of major illegal violations to be administrative punishment by the China Securities Regulatory Commission, there is no situation in which the company's directors, supervisors and senior management personnel are not present; the incentive object does not include company independent directors and supervisors, not Contains a major shareholder or actual controller of more than 5% of the company's shareholding.

According to the written document provided by the company and the lawyers of this company, the incentive object does not participate in any other listed companies outside the company's stock option incentives.

In summary, incentive objects and incentive objects confirmed and verified in accordance with Article 8 of the Administrative Measures, Article 2 and Article 2 and Article 7 of Memorandum No. 1 and Article 2 of Memorandi No. 2.

(3) Source of funds for motivate objects

According to the "Incentive Plan (Draft)", the incentive object should be self-financing in accordance with the source funds required in accordance with the incentive plan, and the company may not obtain the stock option to provide loans and any other form of financial resources according to the stock option incentive plan. Funding, including guarantees for their loans.

Accordingly, the source of the incentive targets determined by this incentive program complies with the provisions of Article 10 of the Administrative Measures.

(4) The number of stock sources and stocks involved in this incentive program

According to the "Incentive Plan (Draft)", the company awards the 200,000 stock options incentives, each stock option has the right to purchase a Western architectural stock in the viable date of the incentive plan. After approved by this incentive program, the company will issue 2 million stocks to the incentive target as the stock source of this incentive program. The number of stock options intended to be granted in this incentive program, and the number of stocks involved in the total share of 75,121,950 shares is 2.66%, and the targeted stocks involved are RMB A-share ordinary shares. The total number of stocks involved in any of the invitation targets have not exceeded by 1% of the company's total share capital.

Accordingly, the stock source involved in this incentive program complies with the provisions of Articles 2 and 11 of Management Measures. This incentive program covers the number of stocks complies with Article 12 of the Administrative Measures.

(5) The main content of the incentive plan

By verification of this lawyer, the "Incentive Plan (Draft)" consists of 14 parts, including: "The purpose of the Incentive Plan", "The Administration of the Stock Option Incentive Plan", "The Establishment of Incentive Objects", "" The stock option incentive plan stock source and stock quantity "," allocation of stock options "," Incentive Plan Validity, Grant Day, Feasible Day, Solid Sale Sale "," "Their Officer Price and Dress Right Price Method "," The Conditions of Stock Options "," Implementing Equity Incentives "," Adjustment Methods and Procedures for Incentive Plan "," The Stock Options Grant Procedures and Incentive Objects "," Company With the rights and obligations of incentive objects, "change, termination and other matters" and "other", which covers the contents of Article 13 of the Administrative Measures requires the provisions or instructions in the incentive plan. And clearly stated that the equity incentive accounting treatment method, calculating the implementation of the implementation of the equity incentive plan for various performances, and the incentive objects can accelerate the right or unlocked in advance without the control of the listed company. Terms.

Accordingly, the main content of this incentive program is in line with Article 13 of the Administrative Measures and No. 3.

Articles 2 and 4.

(6) Grant and exercise of stock options 1, transfer of stock options

According to the "Incentive Plan (Draft)", the stock options that Incentive objects have been issued may not be transferred or used to guarantee or repay debt.

2, the validity period and feasibility of stock options

According to the "Incentive Plan (Draft)", this incentive program is valid for the Japanese period of stock options. The stock options granted by the incentive plan were held in the date of 12 months after 12 months.

3, installment

According to the "Incentive Plan (Draft)", the incentive object should be scheduled in accordance with the arrangement of the incentive plan, the incentive object must be completed in the validity of the option, and the incentive plan is ended, and the stock option but has not yet Not right.

4, the right price of stock options

According to the "Incentive Plan (Draft)", the right price of the stock options in this time is 129.98 yuan. Its determination method is: the priginal price of the stock option is taken in two prices: 1. Stock Option incentive plan Draft Summary Announce the Western Building stock closing of the previous trading day: 129.98 yuan; 2, The draft stock option incentive plan is summarized in the top 30 trading days, the average closing price of Western architectural stocks: 109.15 yuan.

5, adjustment of stock options

According to the "Incentive Program (Draft)", if the western building has the capital provident fund to increase the shares, send stock bonus, stock unpacking, share or contraction, and should be carried out on the number of stock options and the right price

The proportion of the right to the stock option takes the following two prices: 1. Stock Option incentives Draft Summary Announce the Western Building stock closing of the previous trading day: 129.98 yuan; 2. Draft stock option incentive plan Abstract Announcement of Western architectural stocks in the top 30 trading days: 109.15 yuan.

5, adjustment of stock options

According to the "Incentive Program (Draft)", if the western building has the capital provident fund to increase the shares, send stock bonus, stock unpacking, share or contraction, and should be carried out on the number of stock options and the right price

The proportion of the right to the stock option takes the following two prices: 1. Stock Option incentives Draft Summary Announce the Western Building stock closing of the previous trading day: 129.98 yuan; 2. Draft stock option incentive plan Abstract Announcement of Western architectural stocks in the top 30 trading days: 109.15 yuan.

5, adjustment of stock options

According to the "Incentive Program (Draft)", if the western building has the capital provident fund to increase the shares, send stock bonus, stock unpacking, share or contraction, and should be carried out on the number of stock options and

The proportion of the right to the stock option takes the following two prices: 1. Stock Option incentives Draft Summary Announce the Western Building stock closing of the previous trading day: 129.98 yuan; 2. Draft stock option incentive plan Abstract Announcement of Western architectural stocks in the top 30 trading days: 109.15 yuan.

5, adjustment of stock options

According to the "Incentive Program (Draft)", if the western building has the capital provident fund to increase the shares, send stock bonus, stock unpacking, share or contraction, and should be carried out on the number of stock options and

The prices for the right to grant the stock option take the next two prices.