Ultrapower(SZ:300002) Zheng Quan Zhi Xing·2025-07-18 09:16Core Viewpoint - The legal opinion letter confirms that Beijing Shenzhou Taiyue Software Co., Ltd. has met the necessary conditions for the second vesting period of its 2023 restricted stock incentive plan, including the adjustment of the grant price [1][6]. Group 1: Legal Framework and Procedures - The legal opinion is based on the Company Law, Securities Law, and relevant regulations, ensuring compliance with legal standards [2][3]. - The company has provided all necessary documents and information required for the issuance of the legal opinion, ensuring transparency and accuracy [2][3]. - The legal opinion is limited to domestic legal issues and does not cover accounting or foreign legal matters [3][4]. Group 2: Adjustment of Grant Price - The adjustment of the grant price is due to a cash dividend distribution of 1 RMB per 10 shares, based on a total share capital of 1,962,564,954 shares [6]. - The adjusted grant price for the restricted stock is calculated to be 4.84 RMB per share, down from 4.94 RMB [6]. Group 3: Vesting Conditions and Achievements - The second vesting period is defined as starting from July 28, 2025, to July 24, 2026, following a 24-month waiting period from the grant date [6][7]. - The company has met the performance conditions for the second vesting period, including achieving a net profit growth rate of at least 25% compared to 2022 [6][7]. - A total of 17 individuals are eligible for vesting, with a total of 4,608,912 shares to be vested at the adjusted price of 4.84 RMB per share [7][6]. Group 4: Conclusion - The legal opinion concludes that the necessary approvals and authorizations for the grant price adjustment and the second vesting period have been obtained, in compliance with relevant regulations [6][7].