Shenzhen Farben Information Technology (SZ:300925) Zheng Quan Zhi Xing·2025-07-03 16:27Core Viewpoint - The legal opinion letter from Junzejun Law Firm outlines the adjustments to the grant price and exercise price of stock options and the cancellation of certain restricted stocks and stock options for Shenzhen Fabon Information Technology Co., Ltd. as part of its 2023 incentive plan [1][2][12]. Summary by Sections Approval and Authorization of Adjustments and Cancellations - The company has completed necessary procedures for the adjustments and cancellations, including approvals from the board of directors and the supervisory board on multiple dates in 2023 and 2024 [5][6][7][8][9][10][11][12][15]. Details of the Adjustments - The adjustments were made in response to a cash dividend distribution approved by the shareholders, where the company will distribute 0.65 RMB per 10 shares, leading to a reduction in the grant and exercise prices [12][13]. - The adjusted grant price for restricted stocks is approximately 7.28 RMB per share, and the adjusted exercise price for stock options is approximately 14.73 RMB per share [13][14]. Cancellations of Restricted Stocks and Stock Options - The cancellation of restricted stocks and stock options is due to the departure of one incentive object, resulting in the cancellation of 8,478 shares of restricted stock and 8,478 stock options [14][15]. - The company has followed the required procedures for these cancellations, which do not require further shareholder approval [15]. Information Disclosure - The company has fulfilled its information disclosure obligations regarding the adjustments and cancellations, and will continue to disclose relevant information as required by laws and regulations [15][16].