Workflow
晶澳科技: 北京市金杜律师事务所关于晶澳太阳能科技股份有限公司2025年员工持股计划(草案)之法律意见书
Zheng Quan Zhi Xing·2025-08-22 13:19

Core Viewpoint - The legal opinion letter from King & Wood Mallesons confirms that JA Solar Technology Co., Ltd. is qualified to implement its 2025 Employee Stock Ownership Plan (ESOP) in compliance with relevant laws and regulations [1][6][17]. Group 1: Company Qualifications - JA Solar Technology Co., Ltd. is a legally established and effectively existing joint-stock company listed on the Shenzhen Stock Exchange, meeting the qualifications to implement the ESOP as per the Pilot Guidance [6][17]. - The company holds a business license issued by the Xingtai Municipal Administration for Market Regulation, with a registered capital of approximately 3.31 billion RMB [5][6]. Group 2: Legality and Compliance of the ESOP - The ESOP has undergone necessary internal review procedures and complies with the legal and regulatory requirements, ensuring no insider trading or market manipulation occurs [6][7]. - Participation in the ESOP is voluntary for employees, with no forced distribution or allocation, adhering to the self-determination principle [7][9]. - Employees participating in the ESOP will bear their own risks and have equal rights with other investors, aligning with the risk-bearing principle [9][10]. Group 3: Legal Procedures for the ESOP - The company has completed the necessary legal procedures for the ESOP, including obtaining employee opinions and passing relevant resolutions in the board and employee representative meetings [15][16]. - The ESOP requires further approval from the shareholders' meeting, where non-related shareholders must approve the plan by a majority vote [16][17]. Group 4: Information Disclosure - The company is obligated to disclose relevant information regarding the ESOP within two trading days after the board's approval of the plan [17]. - Continuous information disclosure obligations will be maintained as the ESOP progresses, in accordance with applicable laws and regulations [17].