KEBODA(SH:603786) Zheng Quan Zhi Xing·2025-06-25 16:47Core Viewpoint - The legal opinion letter from Shanghai Yingdong Law Firm confirms that the conditions for the third release of restrictions on the stock incentive plan of Kebo Da Technology Co., Ltd. have been met, and outlines the details regarding the repurchase and cancellation of certain restricted stocks [1][2][4]. Group 1: Approval and Authorization - The company has obtained necessary approvals and authorizations for the implementation of the stock incentive plan, including independent opinions from the board of directors and the supervisory board [5][10][11]. - The independent directors and supervisory board have confirmed that the incentive plan's conditions and adjustments comply with relevant laws and regulations [9][10]. Group 2: Release of Restrictions - The third release period for the restricted stocks is set to expire on July 4, 2025, with a release ratio of 100% based on the company's performance meeting the specified criteria [12][16]. - The performance assessment for the release of restrictions is based on revenue and net profit growth rates, with specific targets set for the years 2022 to 2024 [15][16]. Group 3: Repurchase and Cancellation of Restricted Stocks - The company will repurchase and cancel restricted stocks for one individual who has left the company and for another individual whose performance did not meet the required standards [19][20]. - The repurchase price for the stocks is adjusted to 22.35 RMB per share, accounting for dividends paid to shareholders [22][23]. - The total amount for the repurchase of restricted stocks is 59,401.18 RMB, funded by the company's own resources [23].