Holystar(SH:688330) Zheng Quan Zhi Xing·2025-08-27 10:16Core Viewpoint - The legal opinion letter from Grandall Law Firm (Shanghai) confirms that the adjustment of the grant price for the 2025 Restricted Stock Incentive Plan of Shanghai Honglida Information Technology Co., Ltd. has received the necessary approvals and complies with relevant laws and regulations [1][6][8]. Group 1: Approval and Authorization of Adjustment - The company held its 21st meeting of the 3rd Board of Directors on March 19, 2025, where it approved the draft of the 2025 Restricted Stock Incentive Plan and authorized the Board to handle related matters [4][5]. - The company convened its 18th meeting of the 3rd Supervisory Board on the same day, which also approved the relevant matters of the incentive plan [5]. - The 2025 First Extraordinary General Meeting of Shareholders was held on April 9, 2025, where the incentive plan was approved, and the Board was authorized to manage related affairs [5]. Group 2: Reasons and Methods for Adjustment - The adjustment of the grant price is based on the profit distribution plan for the year 2024, which has been implemented [7]. - The adjustment method follows the formula: P = P0 - V, where P0 is the pre-adjustment grant price, V is the cash dividend per share, and P is the post-adjustment grant price [7]. - After the adjustment, the grant price for the 2025 Restricted Stock Incentive Plan is set at 14.42 yuan per share, down from 14.76 yuan per share [7]. Group 3: Information Disclosure - The company is required to disclose the resolutions from the 3rd meeting of the 4th Board of Directors and fulfill its information disclosure obligations as the incentive plan progresses [7][8].