Zheng Quan Zhi Xing·2025-08-08 10:19Core Viewpoint - The legal opinion letter confirms that Weichai Power Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of part of its A-share restricted stock under the 2023 A-share incentive plan, in compliance with relevant laws and regulations [3][8]. Summary by Sections Approval and Authorization of Repurchase - The company has completed the necessary approval and decision-making processes for the repurchase and cancellation of restricted stocks, including the review and approval of relevant proposals by the board of directors and the supervisory board [3][4][6]. Reasons for Repurchase - The repurchase is due to the work transfer of six original incentive targets, leading to the decision to cancel a total of 1,270,000 shares of restricted stock that have been granted but not yet released from restrictions [7]. Repurchase Price and Financial Details - The repurchase price is set at RMB 5.252 per share, plus interest from bank deposits during the same period. The total amount for the repurchase is approximately RMB 6.67 million, funded by the company's own resources [7][8]. Compliance with Regulations - The legal opinion asserts that the repurchase and cancellation actions are in accordance with the Management Measures and other relevant legal and regulatory documents, and the company must still complete the necessary procedures for capital reduction and share cancellation [8].