Beijing JCZ Technology (SH:688291) Zheng Quan Zhi Xing·2025-06-11 10:28Core Viewpoint - The legal opinion letter from Grandall Law Firm (Shanghai) confirms that Beijing Jinchengzi Technology Co., Ltd. has completed the necessary procedures for adjusting the purchase price of its 2025 employee stock ownership plan, in compliance with relevant laws and regulations [2][3][6]. Group 1: Legal Framework and Procedures - The legal opinion is based on the Company Law, Securities Law, and relevant guidelines for employee stock ownership plans [3][4]. - The company has held multiple meetings to approve the adjustment of the employee stock ownership plan, including resolutions from the 18th meeting of the third supervisory board [6][7]. Group 2: Adjustment Details - The adjustment of the purchase price is due to the company's capital reserve conversion, stock dividends, and cash dividends, which necessitate a corresponding change in the purchase price [7][8]. - The cash dividend distribution approved at the 2024 annual general meeting is 0.65 yuan per 10 shares, which has been implemented as of June 9, 2025 [8][9]. - The adjusted purchase price for the employee stock ownership plan is calculated to be approximately 10.68 yuan per share, down from 10.74 yuan [9]. Group 3: Conclusion - The legal opinion concludes that the adjustment has followed the necessary review procedures and complies with the relevant guidelines and regulations [9].