燕东微: 北京市大嘉律师事务所关于北京燕东微电子股份有限公司回购注销部分限制性股票的法律意见书

Core Viewpoint - Beijing Yandong Microelectronics Co., Ltd. is proceeding with the repurchase and cancellation of part of its restricted stock, following the necessary approvals and procedures as outlined in its incentive plan and relevant regulations [1][7][10]. Group 1: Approval and Authorization - The repurchase and cancellation of restricted stock have been approved by the board of directors and the supervisory board during meetings held on September 19, 2024, and subsequent dates [3][4][6]. - The company has disclosed relevant announcements and obtained necessary authorizations for the repurchase process [3][4][5]. Group 2: Details of the Repurchase - The repurchase involves 360,000 shares of restricted stock from three individuals who no longer qualify as incentive targets due to their departure from the company [7][8]. - The repurchase price is set at 6.67 yuan per share, which is the price at which the shares were originally granted [8]. - The funding for the repurchase will come from the company's own funds [8]. Group 3: Implementation Procedures - The company must follow legal procedures for capital reduction and notify creditors as required by the Company Law [10]. - After the repurchase, the total number of shares will decrease by 360,000, and the company must complete the necessary application and cancellation procedures with the Shanghai Stock Exchange and the China Securities Depository and Clearing Corporation [9][10].