YIWU CCC(SH:600415) Zheng Quan Zhi Xing·2025-08-17 16:11Core Viewpoint - The legal opinion letter from Grandall Law Firm (Hangzhou) confirms the legality and compliance of Zhejiang China Commodity City Group Co., Ltd.'s stock repurchase and price adjustment related to its 2020 restricted stock incentive plan [1][2][9] Group 1: Approval and Authorization - The company has obtained necessary approvals and authorizations for the stock repurchase and price adjustment, including resolutions from the board of directors and shareholders [4][5][9] Group 2: Stock Repurchase and Price Adjustment Details - The repurchase involves 86,700 shares of restricted stock from three retired incentive participants, as they no longer meet the incentive conditions [5][6] - The adjusted repurchase price for the initially granted restricted stock is set at 2.217 yuan per share, down from 2.547 yuan, while the price for reserved restricted stock is adjusted to 1.722 yuan from 2.052 yuan [6][8] - The total amount for the stock repurchase is 193,500 yuan, to be paid from the company's own funds [8] Group 3: Information Disclosure - The company plans to disclose relevant announcements on the Shanghai Stock Exchange regarding the stock repurchase and price adjustment, fulfilling its information disclosure obligations [8][9]