Shennong Group(SH:605296) Zheng Quan Zhi Xing·2025-08-25 16:43Core Viewpoint - The legal opinion from Beijing Deheng (Kunming) Law Firm confirms the legality, compliance, authenticity, and effectiveness of the stock repurchase and cancellation by Yunnan Shennong Agricultural Industry Group Co., Ltd. [1][2][16] Group 1: Legal Framework and Compliance - The legal opinion is based on various laws and regulations, including the Company Law, Securities Law, and relevant management measures [1][4][16] - The law firm has verified that the documents provided by the company are true, accurate, complete, and effective [2][4][16] Group 2: Stock Repurchase Details - The total number of restricted stocks to be repurchased and canceled is 274,594 shares, which includes stocks from both initial and reserved grant recipients [15][16] - The repurchase price is set at 13.72 RMB per share, with a total amount of approximately 3.7674 million RMB sourced from the company's own funds [16][17] Group 3: Approval and Authorization - The stock repurchase has received necessary approvals and authorizations as per the relevant regulations and the company's articles of association [16][17] - The independent directors and supervisory board have provided their consent regarding the stock repurchase and cancellation [5][10][15]