Shanghai Suochen Information Technology (SH:688507) Zheng Quan Zhi Xing·2025-07-04 16:23Core Viewpoint - The legal opinion letter from Beijing Zhonglun Law Firm confirms that Shanghai Suochen Information Technology Co., Ltd. is eligible to implement its 2025 restricted stock incentive plan, adhering to relevant laws and regulations [2][4][21]. Group 1: Company Overview - Company Name: Shanghai Suochen Information Technology Co., Ltd. [8] - Unified Social Credit Code: 91310000785643574Y [8] - Registered Capital: 89.108784 million yuan [8] - Established Date: February 24, 2006 [8] - Company Type: Joint-stock company (listed, natural person investment or control) [8] Group 2: Incentive Plan Details - The incentive plan involves granting up to 693,511 restricted stocks, accounting for approximately 0.7783% of the company's total share capital [12]. - The first grant will consist of 554,809 restricted stocks, representing about 0.6226% of the total share capital [12]. - The plan includes provisions for the management of the incentive program, including eligibility criteria, stock allocation, and vesting conditions [11][16]. Group 3: Legal Compliance and Procedures - The company has fulfilled necessary legal procedures for the implementation of the incentive plan, including board and supervisory committee approvals [17][21]. - The plan has been reviewed and approved by the remuneration and assessment committee, which believes it will benefit the company's sustainable development [23]. - The company has committed not to provide financial assistance to the incentive plan participants [21][23]. Group 4: Impact on Shareholders - The incentive plan is designed to align the interests of the incentive recipients with those of the shareholders, ensuring no significant harm to shareholder interests [23][24]. - The plan's procedures have been established to maintain transparency and protect shareholder rights [23][24].