Core Viewpoint - The legal opinion letter from Grandall Law Firm (Hangzhou) addresses the achievements of the second vesting period conditions and the cancellation of unvested restricted stock for Shibai Testing Technology (Shanghai) Co., Ltd. under its 2023 restricted stock incentive plan [1][2]. Group 1: Legal Compliance and Approval - The law firm confirms that Shibai Testing has obtained necessary approvals for the vesting and cancellation matters in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [3][10]. - The company has provided all necessary documentation and assurances to the law firm, ensuring the authenticity and completeness of the information [4][5]. Group 2: Vesting Conditions and Achievements - The second vesting period for the restricted stock began on May 19, 2025, with a vesting ratio of 30% [10]. - The conditions for vesting include no negative audit opinions in the last fiscal year and compliance with various regulatory requirements, all of which have been met by the company [11][12]. Group 3: Cancellation of Unvested Stock - A total of 70,000 shares of restricted stock were canceled due to the departure of three incentive recipients [13]. - The company also canceled unvested shares due to not meeting performance targets, with a company-level vesting ratio of 84.5% for the second vesting period [13][10]. Group 4: Conclusion and Next Steps - The law firm concludes that the vesting and cancellation actions are compliant with the relevant regulations and that the related proposals need to be submitted for shareholder approval [14].
实朴检测: 国浩律师（杭州）事务所关于实朴检测技术（上海）股份有限公司2023年限制性股票激励计划首次授予部分第二个归属期归属条件成就及部分已授予尚未归属限制性股票作废事项之法律意见书(2)