HIRON COLD CHAIN(SH:603187) Zheng Quan Zhi Xing·2025-08-21 16:46Core Viewpoint - The legal opinion from Deheng Shanghai Law Firm confirms that Qingdao Hairong Commercial Cold Chain Co., Ltd. has obtained the necessary approvals and authorizations for the cancellation of certain stock options under its 2021 stock option and restricted stock incentive plan, in compliance with relevant laws and regulations [20]. Summary by Sections Legal Basis and Definitions - The legal opinion outlines the definitions and terms related to the stock option and restricted stock incentive plan, including "Company," "Incentive Objects," "Grant Date," "Exercise Price," and "Lock-up Period" [1][2][3]. Approval and Authorization - On April 22, 2021, the company's board of directors approved the incentive plan and related matters, with independent directors expressing agreement [4][5]. - The supervisory board also approved the incentive plan and confirmed the list of incentive objects [5][6]. Public Disclosure and Review - From April 26 to May 10, 2021, the company publicly disclosed the names and positions of the incentive objects, receiving no objections during the review period [5][6]. Adjustments and Cancellations - The board meetings on June 18, 2021, and subsequent dates approved adjustments to the incentive plan and the granting of stock options and restricted stocks to eligible incentive objects [6][7][8]. - Cancellations of stock options were approved for individuals who left the company, with specific numbers of options and stocks being canceled [8][9][10]. Current Cancellation Details - As of the date of the legal opinion, a total of 1,879,049 stock options will be canceled, representing 0.49% of the company's total share capital [20].