Bonree(SH:688229) Zheng Quan Zhi Xing·2025-08-26 16:35Core Viewpoint - The legal opinion letter from Shanghai Junlan Law Firm confirms the legality and compliance of Beijing Borui Hongyuan Data Technology Co., Ltd.'s 2025 Employee Stock Ownership Plan (ESOP) draft, stating that the company has fulfilled necessary legal procedures and information disclosure obligations [1][15]. Group 1: Company Qualifications - Beijing Borui Hongyuan Data Technology Co., Ltd. was established on February 23, 2016, and is a legally established and effectively existing listed company [3][4]. - The company holds a business license issued by the Beijing Dongcheng District Market Supervision Administration with a registered capital of RMB 44.4 million [4]. Group 2: Legality and Compliance of the ESOP - The ESOP draft has been approved by the employee representative assembly and the company's board of directors [5][9]. - The plan adheres to the principles of voluntary participation, with no forced participation of employees [6]. - Employees participating in the ESOP will bear their own risks and have equal rights with other investors [6]. - The plan targets up to 37 participants, including directors, senior management, and key personnel [6][7]. - The stock for the ESOP will come from shares repurchased by the company, with a maximum of 121,700 shares, representing 0.27% of the total share capital [7][8]. Group 3: Legal Procedures and Information Disclosure - The company has completed necessary legal procedures for the ESOP, but it still requires approval from the shareholders' meeting [12][15]. - The company has fulfilled its information disclosure obligations, including announcing relevant documents on the Shanghai Stock Exchange [14][15]. - Future disclosures will include details on the number of participating employees, funding sources, and any changes in shareholding rights due to the ESOP [15][16].