HCR(SH:688500) Zheng Quan Zhi Xing·2025-09-04 09:11Core Viewpoint - The legal opinion issued by King & Wood Mallesons confirms that Beijing Huicheng Zidao Information Co., Ltd. has obtained the necessary authorizations and approvals for granting restricted stocks under its 2025 incentive plan, in compliance with relevant laws and regulations [1][11]. Group 1: Authorization and Approval - The company held its 2024 annual general meeting on May 16, 2025, where it approved the draft of the 2025 restricted stock incentive plan and authorized the board to grant restricted stocks to eligible participants [4]. - On September 4, 2025, the company’s board of directors approved the proposal to grant restricted stocks to the temporarily deferred incentive objects, with related directors abstaining from voting [5][6]. - The legal opinion confirms that the necessary authorizations and approvals for the stock grant have been obtained, aligning with the management regulations and relevant legal provisions [11]. Group 2: Grant Details - The grant date for the restricted stocks is set for September 4, 2025, as approved by the board, and it does not fall within restricted periods defined by regulations [6]. - The company will grant 100,000 shares of the first category of restricted stocks at a price of 16.83 yuan per share to the deferred incentive object, who is a company director and senior manager [7]. Group 3: Grant Conditions - The grant must meet specific conditions, including the absence of negative audit opinions on financial reports and internal controls for the most recent fiscal year, and no violations of profit distribution regulations within the last 36 months [7][10]. - The legal opinion confirms that the grant conditions have been satisfied, allowing the company to proceed with the stock grant [10].