双林股份: 上海锦天城(杭州)律师事务所关于公司2022年限制性股票激励计划调整授予价格、数量、作废部分限制性股票及首次授予第三个归属期归属条件成就事项的法律意见书

Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng (Hangzhou) Law Firm confirms that Ningbo Shuanglin Automotive Parts Co., Ltd. has obtained necessary approvals for adjustments to the stock incentive plan, including changes in grant price and quantity, cancellation of unvested restricted stocks, and fulfillment of conditions for the third vesting period [1][6][13]. Summary by Sections Adjustments and Cancellations - The company has adjusted the grant price and quantity of the 2022 stock incentive plan, with the number of unvested restricted stocks being adjusted from 4.38 million to 6.132 million shares due to capital reserve transfers and stock dividends [7][8]. - A total of 44,800 shares from the 2022 incentive plan will be canceled due to one individual no longer meeting the eligibility criteria [10][13]. Vesting Conditions - The third vesting period for the stock incentive plan is set from June 16, 2025, to June 16, 2026, with specific performance conditions that must be met for the vesting to occur [11][12]. - The performance conditions include maintaining a net profit growth rate not lower than the target set for 2024, with the actual completion value required for full vesting being 326.43 million yuan [12]. Legal Compliance - The adjustments and cancellations have been approved in accordance with relevant regulations, including the Company Law, Securities Law, and the Management Measures for Equity Incentives [6][13]. - The legal opinion confirms that the actions taken do not harm the interests of the company or its shareholders, ensuring compliance with the applicable rules and guidelines [13].