XILI TECHNOLOGY(SH:688616) Zheng Quan Zhi Xing·2025-05-20 13:22Core Viewpoint - The legal opinion letter from Beijing Hairun Tianrui Law Firm confirms that Hangzhou Xili Intelligent Technology Co., Ltd. has complied with necessary procedures and regulations for its 2025 restricted stock incentive plan, including the approval and authorization processes [1][3][6]. Group 1: Approval and Authorization - The company’s board of directors and supervisory board approved the incentive plan and its related documents on April 25, 2025 [3][4]. - The company conducted a public solicitation for proxy voting rights from independent directors regarding the incentive plan on April 28, 2025 [5]. - The annual shareholders' meeting scheduled for May 20, 2025, will review the incentive plan and related matters [5][6]. Group 2: Granting Conditions and Objects - The incentive plan allows for the granting of 3.1 million restricted shares to 81 incentive objects at a price of 5.54 yuan per share, as approved on May 20, 2025 [6][9]. - The granting conditions require that neither the company nor the incentive objects have encountered any disqualifying events as outlined in the relevant regulations [8][9]. Group 3: Conclusion - The legal opinion concludes that all necessary approvals and authorizations have been obtained, and the granting date and objects comply with the relevant laws and regulations [9][10].