ZOY(SH:603709) Zheng Quan Zhi Xing·2025-08-27 10:29Core Viewpoint - The legal opinion letter from Zhejiang Tian Ce Law Firm confirms that Zhongyuan Home Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of certain restricted stocks under its 2024 stock incentive plan, in compliance with relevant laws and regulations [1][11]. Summary by Sections Approval and Authorization - The company has received approvals for the repurchase and cancellation of restricted stocks, including the draft of the 2024 stock incentive plan and related management measures [2][6]. - Related directors have recused themselves from voting on the relevant proposals [2][6]. Repurchase and Cancellation Details - The repurchase is due to four incentive objects leaving the company, which disqualifies them from the incentive plan [12]. - A total of 42,300 shares will be repurchased, with a repurchase price of 5.1615 yuan per share for the initial grant and 5.86 yuan per share for reserved grants [13]. - The total funds allocated for this repurchase amount to 228,810 yuan, sourced from the company's own funds [13]. Compliance and Conclusion - The legal opinion asserts that the reasons, quantities, prices, and funding sources for the repurchase align with the Company Law, Securities Law, and relevant regulations [11][12]. - The company is required to fulfill its information disclosure obligations and complete the necessary procedures for stock repurchase and capital reduction [14].