NOPOSION(SZ:002215) Zheng Quan Zhi Xing·2025-05-28 10:39Core Viewpoint - The legal opinion letter discusses the achievement of unlocking conditions for the second unlocking period of the 2022 stock incentive plan and the first unlocking period of the 2023 stock incentive plan for Shenzhen Noposion Agrochemical Co., Ltd, along with adjustments to the repurchase price of restricted stocks [1][2][26]. Group 1: Unlocking Conditions - The company has fulfilled the necessary procedures for the unlocking and adjustment matters as per the relevant laws and regulations [6][7]. - The second unlocking period of the 2022 first phase stock incentive plan allows for a 30% release of restrictions after 24 months from the grant date, with the second unlocking period allowing for another 30% after 36 months [7][12]. - The first unlocking period of the 2023 stock incentive plan allows for a 25% release of restrictions after 12 months from the completion of stock registration [21][25]. Group 2: Repurchase Price Adjustments - The repurchase price for the 2022 first phase stock incentive plan has been adjusted to 2.33 yuan per share, accounting for dividends [24][25]. - The repurchase price for the 2022 second phase stock incentive plan has been adjusted to 2.12 yuan per share, also considering dividends [24][25]. - The repurchase price for the 2023 stock incentive plan has been adjusted to 3.53 yuan per share, factoring in dividends [25][26]. Group 3: Performance Assessment - The unlocking conditions for the stock incentive plans are contingent upon the company's financial performance, specifically a net profit growth of not less than 60% compared to 2021 [11][20]. - Individual performance assessments are required for unlocking, with specific criteria set for different business segments [21][22].