KINGSINO(SZ:002548) Zheng Quan Zhi Xing·2025-08-12 16:23Core Viewpoint - The company has adjusted the stock option and restricted stock incentive plan for 2025, specifically modifying the grant recipients and the number of restricted stocks due to voluntary forfeiture by some recipients [1][4]. Group 1: Incentive Plan Adjustments - The company held meetings on August 12, 2025, where it was decided to adjust the number of restricted stocks from 26.28 million shares to 23.08 million shares due to 3.2 million shares being voluntarily forfeited by some recipients [1][4]. - The number of initial grant recipients has been reduced from 156 to 154 as a result of the adjustments [1][4]. Group 2: Compliance and Procedures - The adjustments made to the incentive plan have been confirmed to comply with relevant regulations, including the "Management Measures for Equity Incentives of Listed Companies" and the "Self-Regulatory Guidelines for Listed Companies" [4][5]. - The company has followed necessary procedures, including internal announcements and approvals from the remuneration and assessment committee and the supervisory board [2][3]. Group 3: Legal Opinions - The legal opinion from Guangdong Chongli Law Firm states that the adjustments have received the necessary approvals and comply with applicable laws and regulations [5]. - The company is required to fulfill ongoing disclosure obligations as per the relevant legal frameworks [5].