Core Viewpoint - The legal opinion letter from Jiangsu Century Tongren Law Firm confirms the adjustment of the stock option exercise price for Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.'s first stock option and restricted stock incentive plan, ensuring compliance with relevant laws and regulations [1][4][5]. Group 1: Approval and Authorization - The adjustment of the stock option exercise price from 5.355 yuan to 5.155 yuan per share has been approved by the company's board and is within the authorization scope granted by the shareholders' meeting [4][5]. - The adjustment does not require further approval from the shareholders' meeting as it falls under the board's authority [4]. Group 2: Specifics of the Adjustment - The adjustment is based on the company's profit distribution plan, which includes a cash dividend of 2.00 yuan per 10 shares (including tax) to all shareholders [5]. - The formula for adjusting the exercise price is P = P0 - V, where P0 is the original exercise price, and V is the cash dividend per share [5]. Group 3: Conclusion - The law firm concludes that the adjustment has received the necessary approvals and complies with the relevant laws, regulations, and the incentive plan draft [4][5].
亚太科技: 江苏世纪同仁律师事务所关于公司第一期股票期权和限制性股票激励计划调整股票期权行权价格的法律意见书