Suzhou Huaya Intelligence Technology (SZ:003043) Zheng Quan Zhi Xing·2025-06-16 12:27Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms the adjustments made by Suzhou Huaya Intelligent Technology Co., Ltd. regarding its 2024 restricted stock incentive plan, including the repurchase price and quantity, the cancellation of certain restricted stocks, and the conditions for the first release of restrictions on stock sales [1][8]. Group 1: Legal Framework and Procedures - The legal opinion is based on relevant laws and regulations, including the Company Law, Securities Law, and the Management Measures for Equity Incentives of Listed Companies [2][3]. - The necessary procedures for the incentive plan have been followed, including meetings of the board of directors and the supervisory board, as well as public announcements regarding the incentive objects [4][5][6]. Group 2: Adjustments to the Incentive Plan - The company plans to repurchase and cancel restricted stocks due to the departure of one incentive object and the failure to meet performance targets, with a total of 160,440 shares to be repurchased, accounting for approximately 0.42% of the company's total share capital [8][14][18]. - The repurchase price is set at approximately 14.101 yuan per share, which includes the original grant price adjusted for dividends and interest [12][13][14]. Group 3: Release of Restrictions - A total of 111 incentive objects are eligible for the first release of restrictions, with 557,753 shares available for release, contingent upon meeting specific performance criteria [18]. - The performance conditions for the release of restrictions include achieving a revenue growth rate of at least 25% and a net profit growth rate of at least 15% for the fiscal year 2024 [16][18].