FANGBANG CO.,LTD(SH:688020) Zheng Quan Zhi Xing·2025-09-07 08:17Core Viewpoint - The legal opinion letter issued by Guangdong Xinda Law Firm confirms that Guangzhou Fangbang Electronics Co., Ltd.'s 2024 Restricted Stock Incentive Plan has obtained the necessary approvals and complies with relevant regulations [1][5][8]. Group 1: Approval and Authorization - The 2024 Restricted Stock Incentive Plan has been approved by the company's board and shareholders, including the authorization for the board to handle related matters [5][6]. - The plan includes provisions for the initial grant of restricted stock to 34 eligible participants at a price of 25.7532 yuan per share, totaling 490,000 shares [6][8]. Group 2: Grant Conditions - The granting of restricted stock is subject to specific conditions, including the absence of negative audit opinions on financial reports and compliance with legal and regulatory requirements [6][7]. - The company has confirmed that none of the participants are disqualified from receiving the restricted stock under the applicable laws and regulations [8]. Group 3: Information Disclosure - The company is required to timely disclose relevant documents related to the grant in accordance with regulatory obligations [8]. - The legal opinion emphasizes the importance of ongoing compliance with information disclosure requirements as the incentive plan progresses [8].