NEW JCM(SZ:300157) Zheng Quan Zhi Xing·2025-07-15 16:09Core Viewpoint - The legal opinion from Beijing Deheng (Shijiazhuang) Law Firm confirms that the reserved portion of the stock incentive plan for Xinjin Power Group Co., Ltd. has obtained the necessary approvals and complies with relevant laws and regulations [1][2][3] Group 1: Approval and Authorization - The Compensation and Assessment Committee approved the stock incentive plan draft on March 12, 2025, and submitted it to the sixth board meeting for review [3][4] - The sixth board meeting on March 12, 2025, passed the relevant proposals regarding the stock incentive plan and authorized the board to handle related matters [5][6] - The supervisory board also approved the proposals related to the stock incentive plan during its meeting on March 12, 2025 [5][6] Group 2: Basic Information of the Stock Incentive Plan - The grant date for the reserved portion of the stock incentive plan was determined to be July 15, 2025, following the authorization from the shareholders' meeting on April 1, 2025 [9][10] - A total of 5.725 million shares will be granted at a price of 1.61 yuan per share to 87 eligible incentive objects [10][12] - The granting conditions must be met, including no negative audit opinions on financial reports for the last fiscal year [11][12] Group 3: Conclusion - The legal opinion concludes that the reserved portion of the stock incentive plan has met all necessary conditions and complies with the relevant regulations and the company's incentive plan [13]