JEE(SH:688162) Zheng Quan Zhi Xing·2025-08-25 16:52Core Viewpoint - The legal opinion letter from Anhui Tianhe Law Firm confirms that Anhui Juyi Technology Co., Ltd. has complied with necessary legal procedures and obtained required approvals for the repurchase and cancellation of certain restricted stocks under its 2022 stock incentive plan [6][9][10]. Summary by Sections Approval and Authorization - On April 22, 2022, the first board meeting of Juyi Technology approved the 2022 stock incentive plan and related matters, with independent directors expressing agreement [6][7]. - The supervisory board also approved the plan on the same day, confirming the related matters [6]. - The company disclosed the plan on the Shanghai Stock Exchange on April 26, 2022, and held a shareholders' meeting on May 20, 2022, where the plan was approved [7][8]. Repurchase and Cancellation of Restricted Stocks - The repurchase and cancellation of restricted stocks were based on the provisions of the incentive plan, with specific conditions for the first category of restricted stocks [9]. - The repurchase price for the stocks was set at 18.31 yuan per share, with a total repurchase amount of 1,794,380 yuan sourced from the company's own funds [10]. - A total of 420,800 shares of the second category of restricted stocks were deemed non-qualifying and will be canceled due to not meeting performance criteria [10]. Conclusion - The legal opinion concludes that the actions taken regarding the repurchase and cancellation of restricted stocks are in compliance with relevant laws and regulations, confirming their legality and validity [10].