Group 1 - The legal opinion letter is issued by Beijing Global Law Firm Shanghai Branch regarding Qingdao Pangu Intelligent Manufacturing Co., Ltd.'s 2023 Restricted Stock Incentive Plan [1][4] - The plan was approved during the fourth extraordinary general meeting of shareholders on December 18, 2023, allowing the board to implement the plan [4][5] - The initial grant date for the restricted stock is set for December 18, 2023, with a grant price of 16.90 yuan per share for 550,000 shares to 72 eligible participants [5][6] Group 2 - On April 21, 2025, the board approved an adjustment of the grant price from 16.70 yuan to 16.565 yuan per share and invalidated 569,600 shares that were granted but not vested [6][7] - The adjustment of the grant price is in accordance with the provisions of the incentive plan, which allows for price adjustments due to capital increases, stock dividends, or other corporate actions [7][9] - The adjusted grant price after a cash dividend of 2.00 yuan per share is calculated to be 16.365 yuan per share [9][10] Group 3 - The legal opinion concludes that the price adjustment has received the necessary approvals and complies with relevant regulations, and the company must fulfill its information disclosure obligations [10]
盘古智能: 北京市环球律师事务所上海分所关于青岛盘古智能制造股份有限公司2023年限制性股票激励计划授予价格调整事项之法律意见书