SILVER(SZ:300221) Zheng Quan Zhi Xing·2025-08-08 11:14Core Viewpoint - The legal opinion issued by Grandway Law Offices confirms that Guangdong Yinhui Technology Co., Ltd. has met the conditions for the first unlock period of its 2024 restricted stock incentive plan, allowing 47 individuals to unlock a total of 5.56 million shares [1][9]. Group 1: Unlock Conditions - A total of 47 individuals are eligible for the unlock, with 5.56 million shares available for release, which represents a significant portion of the company's total share capital [2][9]. - The first unlock period allows for 50% of the restricted shares to be released after 12 months from the grant date, with a second unlock period allowing for the remaining 50% after 24 months [2][3]. - The conditions for unlocking include meeting specific performance targets, such as achieving a net profit of no less than 40 million yuan in 2024 and 48 million yuan in 2025 [4][5]. Group 2: Compliance and Procedures - The company has followed necessary procedures, including board approval and verification of the eligibility of the 47 individuals, ensuring compliance with relevant regulations [7][8]. - The independent directors have confirmed that the conditions for unlocking have been met and that the company has the necessary qualifications to implement the stock incentive plan [8][9]. - The legal opinion concludes that all required legal procedures have been fulfilled, and the conditions for unlocking the restricted shares have been satisfied, pending the formal unlocking process [9].