WINNOVATION(SZ:000620) Zheng Quan Zhi Xing·2025-08-29 18:22Core Viewpoint - The legal opinion letter confirms that the adjustments to the 2025 stock option incentive plan and the initial grant of stock options by Beijing Tongguan Yingxin Cultural Tourism Development Co., Ltd. have received necessary approvals and comply with relevant laws and regulations [9][12]. Summary by Relevant Sections Legal Framework - The law firm has been appointed as a special legal advisor to the company regarding the adjustments to the stock option incentive plan and the initial grant of stock options, in accordance with the Company Law, Securities Law, and other regulatory guidelines [2][4]. Approval Process - The adjustments and initial grants have been approved by the company's shareholders, with over two-thirds of voting rights in favor of the relevant proposals [8]. - The company has publicly disclosed the names and positions of the proposed incentive recipients during the designated public notice period, with no objections received [7][9]. Adjustments to Incentive Recipients - The number of incentive recipients has been adjusted from 90 to 87 due to changes in personnel and voluntary withdrawals [10][12]. - The total number of stock options to be granted in the initial award is 40 million, with an exercise price set at 1.66 yuan per share [12]. Compliance and Conditions - The legal opinion asserts that all conditions for granting stock options have been met, including the absence of disqualifying events for both the company and the incentive recipients [11][12]. - The initial grant date has been determined as August 28, 2025, which aligns with regulatory requirements [11][12]. Conclusion - The legal opinion concludes that the adjustments and initial grants are legally valid and effective, and the company must fulfill its disclosure obligations and complete the necessary registration for the stock options [13].