Midea Group(SZ:000333) Zheng Quan Zhi Xing·2025-06-12 12:30Core Viewpoint - The legal opinion letter from Beijing Jiayuan Law Firm confirms the legality and compliance of Midea Group's cancellation of unexercised stock options under its fifth equity incentive plan, following the necessary approvals and procedures [1][2][3][4]. Group 1: Approval and Authorization - Midea Group has completed the necessary procedures for the cancellation of unexercised stock options, including the approval of relevant proposals at the board meeting [2][3]. - The company has provided all required original documents and materials to the law firm for review, ensuring their authenticity and completeness [2]. Group 2: Cancellation Details - As of the date of the legal opinion, a total of 85,000 stock options granted to 8 incentive targets under the fourth exercise period of the fifth equity incentive plan have expired and will be canceled [3][4]. - The cancellation aligns with the provisions of the management measures and the company's equity incentive plan [4]. Group 3: Conclusion - The legal opinion concludes that the cancellation of the stock options is in accordance with the relevant laws and regulations, confirming its legality and validity [4].