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森泰股份: 德恒上海律师事务所关于森泰股份2024年限制性股权激励计划授予价格调整、预留限制性股票授予(第二批)相关事项的法律意见

Core Viewpoint - Anhui Sentai Wood-Plastic Group Co., Ltd. is adjusting the grant price and reserving the second batch of restricted stock awards as part of its 2024 incentive plan, with legal opinions provided by Deheng Shanghai Law Office [2][5][11]. Group 1: Legal Framework and Procedures - The legal opinion is based on the review of relevant documents, including board resolutions and the incentive plan draft, ensuring compliance with the Company Law, Securities Law, and related regulations [2][5][6]. - The company has completed necessary legal procedures, including holding a temporary shareholders' meeting and board meetings to approve the adjustments and reserve grants [5][6][11]. Group 2: Adjustments and Grant Details - The adjusted grant price for the restricted stock is set at approximately 7.81 RMB per share, following a calculation that accounts for cash dividends [7][8][11]. - A total of 22.3698 million shares will be granted to 27 eligible participants, representing 9.57% of the total stock involved in the incentive plan [11][12]. Group 3: Grant Conditions - The grant conditions stipulate that participants must not have been disqualified by regulatory bodies or have any significant legal violations in the past 12 months [9][12]. - The grant date for the second batch of restricted stock is confirmed as August 29, 2025, aligning with the company's incentive plan regulations [10][12].