四方股份: 北京市竞天公诚律师事务所关于北京四方继保自动化股份有限公司启航2号限制性股票激励计划回购注销部分限制性股票及调整回购价格以及预留授予部分第一个解除限售期解除限售条件成就相关事项的法律意见书

Core Viewpoint - The legal opinion letter regarding the repurchase and cancellation of part of the restricted stock under the "Qihang No. 2 Restricted Stock Incentive Plan" of Beijing Sifang Automation Co., Ltd. has been issued, confirming compliance with relevant laws and regulations [3][21]. Summary by Relevant Sections Incentive Plan Approval and Implementation - The company has approved the "Qihang No. 2 Restricted Stock Incentive Plan" and related proposals, confirming the eligibility of the incentive objects and the legality of the plan [6][7]. - The plan aims to enhance corporate governance and motivate the core team for sustainable development [6][7]. Repurchase and Cancellation of Restricted Stock - The company will repurchase and cancel 59,500 shares of restricted stock from two departing incentive objects, as they no longer qualify [12]. - The repurchase price has been adjusted from 6.99 yuan per share to 6.27 yuan per share due to a recent profit distribution plan [13]. Conditions for Lifting Restrictions - The first lifting of restrictions for the reserved grant portion will occur 12 months after the registration completion, allowing 50% of the reserved shares to be released [17][20]. - The company has met all conditions for lifting restrictions, including performance targets based on net profit growth [19][20]. Authorization and Approval - The necessary approvals and authorizations for the repurchase and cancellation of restricted stock, as well as the lifting of restrictions, have been obtained in accordance with relevant laws and regulations [21].