Sinocat(SH:688737) Zheng Quan Zhi Xing·2025-08-06 16:22Core Viewpoint - The legal opinion letter issued by Beijing King & Wood Mallesons (Chengdu) Law Firm confirms that Zhongzi Technology Co., Ltd. is eligible to implement its 2025 Restricted Stock Incentive Plan in compliance with relevant laws and regulations [1][4][26]. Group 1: Company Information - Zhongzi Technology Co., Ltd. is a publicly listed company with a registered capital of 1,195.64509 million RMB and was established on July 15, 2005 [8]. - The company operates in various sectors, including construction engineering, environmental protection, and battery manufacturing [6]. Group 2: Incentive Plan Overview - The 2025 Restricted Stock Incentive Plan aims to attract and retain talent, aligning the interests of shareholders, the company, and employees [28][29]. - The plan involves granting a total of 2,062,238 restricted stocks, accounting for approximately 1.72% of the company's total share capital [13][15]. Group 3: Eligibility and Conditions - The incentive plan targets 63 individuals, including directors, senior management, and key technical personnel, representing about 8.08% of the total workforce [10][11]. - The plan includes performance assessment criteria based on the company's revenue targets for 2025 and 2026, with specific thresholds for stock vesting [22][24]. Group 4: Legal Compliance and Procedures - The company has fulfilled necessary legal procedures, including board resolutions and supervisory committee reviews, to implement the incentive plan [26][27]. - The plan will undergo further legal procedures before implementation, including public disclosure and shareholder voting [27][28].