WUTOS(SZ:300557) Zheng Quan Zhi Xing·2025-08-22 16:24Core Viewpoint - The legal opinion letter from Beijing Hairun Tianrui Law Firm confirms the legality and compliance of Wuhan University of Technology Optoelectronics Co., Ltd.'s repurchase and cancellation of certain restricted stocks that have been granted but not yet released from restrictions under the 2021 incentive plan [2][10]. Group 1: Legal Framework and Compliance - The legal opinion is based on various laws and regulations, including the Company Law, Securities Law, and specific rules regarding stock repurchase and listing [2][4]. - The law firm conducted thorough verification of the documents and facts provided by the company, ensuring that the conclusions drawn are accurate and complete [3][4]. - The company has obtained necessary approvals and authorizations for the stock repurchase and cancellation, in accordance with relevant laws and the company's articles of association [7][10]. Group 2: Reasons for Repurchase and Cancellation - The repurchase and cancellation are due to the disqualification of three individuals (two from the initial grant and one from the reserved grant) as incentive targets due to their departure from the company [8][10]. - The repurchase involves stocks that were granted but have not yet been released from restrictions, in line with the provisions of the incentive plan [8][10]. Group 3: Repurchase Details - The total amount for the repurchase is approximately 721,412 yuan, with adjusted repurchase prices of approximately 8.79 yuan per share for the initial grant and 9.63 yuan per share for the reserved grant [9][10]. - The repurchase price adjustments are based on the company's capital reserve and stock dividend policies, ensuring compliance with the incentive plan's stipulations [9][10].