IKD(SH:600933) Zheng Quan Zhi Xing·2025-08-29 16:52Core Viewpoint - The legal opinion letter from Shanghai Tongli Law Firm confirms that Aikodi Co., Ltd. has obtained the necessary approvals for the repurchase and cancellation of certain restricted stocks as part of its sixth stock incentive plan, along with adjustments to the repurchase price [4][8]. Group 1: Approval and Authorization - Aikodi held the fourth board meeting on October 29, 2024, and the third extraordinary general meeting on November 19, 2024, where it approved the relevant proposals regarding the sixth stock incentive plan [8]. - The company has received necessary authorization to proceed with the repurchase and cancellation of restricted stocks for 30 individuals who left the company for personal reasons [7][8]. Group 2: Repurchase and Price Adjustment Details - The repurchase price for the restricted stocks has been adjusted to 6.85 yuan per share following the implementation of the 2024 profit distribution plan, which included a dividend of 1 yuan per share [7][9]. - The repurchase involves stocks that were granted but not yet released from restrictions due to the departure of the incentive recipients [9]. Group 3: Compliance and Legal Framework - The legal opinion is based on compliance with the Company Law, Securities Law, and relevant regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [2][3]. - The repurchase and price adjustment must still comply with disclosure requirements and complete the necessary legal procedures for stock cancellation [10].