CSF(SH:600654) Zheng Quan Zhi Xing·2025-08-12 16:13Core Viewpoint - The legal opinion letter from Shanghai Junlan Law Firm confirms that Zhong An Ke Co., Ltd. has obtained the necessary approvals and followed the required procedures for the repurchase and cancellation of certain restricted stocks as part of its stock incentive plan [1][6]. Group 1: Approval and Authorization - The board of directors has approved the proposal for the repurchase and cancellation of restricted stocks [4]. - The repurchase has received the necessary authorization from the shareholders at the first extraordinary general meeting of 2023 [6]. Group 2: Details of the Repurchase - The repurchase is due to nine incentive recipients leaving the company, resulting in the cancellation of 3,481,750 shares of restricted stock that were granted but not yet released [4][5]. - The repurchase price is set at 1.25 yuan per share, which is the same as the initial grant price [5]. - The funds for the repurchase will be sourced entirely from the company's own funds [5]. Group 3: Impact of the Repurchase - The repurchase will not have a substantial impact on the company's financial status or operational results [5][6]. - The management team's diligence and responsibility will remain unaffected by this repurchase [5][6]. Group 4: Information Disclosure - The company will timely disclose relevant documents regarding the board's decision and the repurchase process, in compliance with legal and regulatory requirements [6]. - The company has fulfilled its current information disclosure obligations and will continue to do so as required [6].