Kiwi Instruments(SH:688045) Zheng Quan Zhi Xing·2025-09-05 16:22Core Viewpoint - The legal opinion from Beijing Deheng (Shenzhen) Law Firm confirms the adjustments to the 2025 Restricted Stock Incentive Plan of Shenzhen Biyi Microelectronics Co., Ltd., including the approval and authorization of the adjusted list of incentive recipients and related matters [1][4][10]. Group 1: Approval and Authorization - The company has completed the necessary legal procedures for the implementation of the incentive plan, including the approval of the draft plan and the authorization from the shareholders' meeting [4][6]. - The board's remuneration and assessment committee verified the relevant matters of the incentive plan and issued related verification opinions [5][10]. Group 2: Adjustments to the Incentive Plan - The adjustment was made due to one incentive recipient's stock trading behavior after being registered as an insider, leading to the cancellation of their qualification for the incentive plan [7][8]. - After the adjustment, the number of recipients for the 2025 incentive plan decreased from 158 to 157, while the total number of shares granted remained unchanged [7][8]. Group 3: Granting Conditions and Details - The granting conditions for the incentive plan have been met, allowing the company to proceed with the stock grants [9][10]. - The company plans to grant 499,000 shares of restricted stock at a price of 19.34 yuan per share to the 157 eligible recipients [10]. Group 4: Legal Compliance - The adjustments and grants comply with relevant laws and regulations, including the Company Law, Securities Law, and the Stock Incentive Management Measures [8][10]. - The company has fulfilled its information disclosure obligations regarding the adjustments and will continue to comply with legal requirements for further disclosures [10].