FORYOU(SZ:002906) Zheng Quan Zhi Xing·2025-05-20 11:46Core Viewpoint - The legal opinion letter confirms that Huizhou Huayang Group Co., Ltd. has obtained the necessary approvals and authorizations for adjusting the exercise price of stock options under its 2021 stock option incentive plan, in compliance with relevant regulations and internal guidelines [4][8][9]. Group 1: Approval and Authorization - The adjustment of the exercise price for the 2021 incentive plan has been approved by the company's board and relevant committees, with independent directors and the supervisory board providing their consent [4][6][8]. - The necessary public disclosures were made, and no objections were received during the public notice period [4][8]. Group 2: Specifics of the Adjustment - The exercise price of the stock options has been adjusted from RMB 34.97 per share to RMB 34.49 per share, following the company's capital reserve conversion and dividend distribution [8]. - The adjustment is in accordance with the provisions of the 2021 incentive plan, which stipulates that the exercise price must be adjusted in the event of capital changes such as stock dividends or splits [8]. Group 3: Conclusion - The legal opinion concludes that the adjustment of the exercise price for the stock options is valid and complies with the 2021 incentive plan and relevant regulations [9].