Anzheng Fashion(SH:603839) Zheng Quan Zhi Xing·2025-08-27 16:40Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms that Anzheng Fashion Group Co., Ltd. has obtained the necessary approvals and authorizations for the adjustment of the exercise price and the cancellation of certain stock options under its 2024 second phase stock option incentive plan [1][6]. Group 1: Approval and Authorization - The company has received necessary approvals for the adjustment and cancellation of stock options as per the relevant laws and regulations, including the Company Law, Securities Law, and the Management Measures for Incentive Plans [4][6]. - The board of directors and the supervisory board have reviewed and approved the relevant proposals regarding the incentive plan [4][5]. Group 2: Adjustment of Exercise Price - The exercise price of the stock options has been adjusted from 4.49 yuan to 4.39 yuan per share due to a cash dividend distribution of 0.10 yuan per share [5][6]. - The adjustment complies with the Management Measures and relevant regulations, ensuring that the exercise price remains above the par value of the shares [5][6]. Group 3: Cancellation of Stock Options - A total of 5.2 million stock options will be canceled, including 3.8 million options from a departing employee and 1.4 million options due to unmet performance targets at a subsidiary [6][8]. - The cancellation has been authorized by the company's third extraordinary general meeting of shareholders and does not require further shareholder approval [6][8].