WINGTECH(SH:600745) Zheng Quan Zhi Xing·2025-09-04 16:20Core Viewpoint - The legal opinion letter issued by JunHe Law Offices confirms the achievement of the exercise conditions for the second exercise period of the stock option incentive plan of Wentech Technology Co., Ltd. and the cancellation of certain stock options granted under the plan [1][5]. Group 1: Approval and Authorization of the Incentive Plan - The incentive plan has undergone necessary decision-making procedures, including approval from the board of directors and independent directors [5][6]. - The board has been authorized to handle matters related to the exercise conditions and cancellation of stock options as per the incentive plan [5][6]. Group 2: Conditions for Exercise Achievement - The conditions for the second exercise period have been met, including no adverse audit opinions and the company achieving an average revenue growth rate of 15% from 2020 to 2022 [6]. - A total of 24 individuals are eligible to exercise their stock options, with a total of 232,753 options available for exercise [6]. Group 3: Cancellation of Stock Options - The board has approved the cancellation of 4,453,753 stock options held by 1,486 incentive targets due to personal reasons and loss of control over subsidiaries [6]. - The cancellation aligns with the regulations of the incentive plan and has been authorized by the shareholders' meeting [6]. Group 4: Conclusion - The legal opinion concludes that all actions taken regarding the exercise and cancellation of stock options comply with relevant regulations and the incentive plan [6].