Core Viewpoint - The announcement details the successful achievement of the first exercise conditions for the stock option and restricted stock incentive plan for 2024 by Meige Intelligent Technology Co., Ltd, allowing eligible participants to exercise their stock options [1][4][10]. Summary by Sections Incentive Plan Approval Process - The company held its fourth board meeting on July 10, 2025, where it approved the first exercise conditions for the stock option incentive plan [1]. - The plan underwent multiple approvals, including a public notice period from June 1 to June 10, 2024, during which no objections were raised [2]. Exercise Conditions Achievement - The first exercise period for the stock options is set from July 1, 2024, to June 30, 2026, with 40% of the total options granted eligible for exercise [5]. - The total number of options available for exercise in this period is 631,200 [5]. - The company confirmed that it did not encounter any disqualifying events in the last fiscal year, allowing the exercise conditions to be met [5][10]. Performance Assessment - The performance targets for the first exercise period include a minimum revenue growth of 30% compared to the previous year, with the actual net profit for 2024 projected at approximately 146.69 million yuan, reflecting a growth rate of 127.39% [5][10]. - The assessment of individual performance for the 156 participants showed that all but four met the necessary criteria, allowing them to exercise their options [6]. Adjustments and Cancellations - Adjustments were made to the exercise price of the stock options from 21.10 yuan to 20.97 yuan due to a cash dividend distribution [7]. - The company plans to cancel stock options for individuals who no longer meet the eligibility criteria due to resignation, totaling 14,000 options [8]. Impact of the Exercise - The exercise of stock options is not expected to significantly alter the company's shareholding structure or listing conditions [10]. - The financial implications of the stock option exercise will be accounted for in accordance with relevant accounting standards, potentially increasing the company's capital reserves [10]. Legal Opinions and Compliance - Legal counsel confirmed that the company has obtained the necessary authorizations for the exercise of stock options, affirming compliance with the incentive plan's conditions [11].

Core Viewpoint - Foxconn Industrial Internet Co., Ltd. has reported on the stock option and restricted stock incentive plan for 2019, detailing the exercise of stock options and the status of shares as of the second quarter of 2025. Group 1: Stock Option Exercise Details - The number of stock options exercisable in the fifth exercise period of the 2019 incentive plan is 13,265 shares, representing 0.39% of the total exercisable options for that period. As of April 30, 2025, a total of 3,242,376 shares have been exercised, accounting for 94.49% of the total options available for exercise in that period [1][16]. - For the portion of reserved stock options in the fifth exercise period, 46,960 options are available, with 1,680 shares exercised in the second quarter of 2025, which is 3.58% of the total options for that period [1][16]. - The remaining reserved stock options in the fifth exercise period total 941,750, with 587,374 shares exercised, representing 62.37% of the total options available for that period [1][16]. Group 2: Decision-Making and Disclosure Process - The decision-making process for the stock option exercise involved multiple meetings where independent directors and the supervisory board provided their opinions and legal advice was obtained from Beijing King & Wood Mallesons [1][16]. - The company has disclosed relevant information regarding the stock option and restricted stock incentive plan through the Shanghai Stock Exchange and other designated media [1][16]. Group 3: Impact on Financials and Share Structure - The total funds raised from this incentive plan amount to 5,927,421.28 yuan, which will be used to supplement the company's working capital [1][17]. - The exercise of stock options will result in an increase of 602,319 shares in the company's total share count, bringing the total to 19,859,465,126 shares, with no change in the controlling shareholder [1][17].

Group 1 - The company held its third independent director meeting on July 2, 2025, with all three independent directors present, confirming the legality and validity of the meeting procedures [1][2] - The meeting approved the proposal regarding the conditions for the second exercise period of stock options and the lifting of restrictions on the second lock-up period for restricted stock under the 2023 stock option and restricted stock incentive plan [1][2] - The independent directors agreed to submit the proposal to the board of directors for further review [1][2] Group 2 - The meeting also approved the proposal to cancel a portion of stock options under the 2023 stock option and restricted stock incentive plan due to reasons such as employee resignation, death, performance assessment results, and expiration without exercise [2] - The cancellation process was deemed legal and compliant with relevant regulations, ensuring no harm to the company or its shareholders [2] - This proposal will also be submitted to the board of directors for consideration [2]

Core Viewpoint - The announcement details the results of the stock option and restricted stock incentive plan for the second quarter of 2025, indicating no shares were exercised during this period. Summary by Sections Stock Option Exercise Results - The total number of stock options available for exercise in the third exercise period of the 2021 stock option and restricted stock incentive plan is 1,976,997 shares, with the exercise start date on January 17, 2025. As of June 30, 2025, no shares have been exercised, representing 0% of the total available for this period [1][12]. - For the reserved stock options in the second exercise period, the total available is 738,491 shares, with the exercise start date on December 25, 2024. Similarly, no shares have been exercised as of June 30, 2025, also representing 0% of the total available [1][12]. Decision-Making Process and Disclosure - The decision-making process for the stock option exercise involved independent directors providing consent and avoiding conflicts of interest during the voting on related proposals [2][3]. Stock Option and Restricted Stock Plan Adjustments - The number of incentive participants was adjusted from 327 to 302 due to 25 participants voluntarily giving up their participation. The total number of stock options remains at 3,865,060, with a grant price of 32.26 CNY per option and restricted stock at 16.13 CNY per share [6][7]. Stock Listing and Trading Arrangements - The stock options from the third exercise period and the reserved options from the second exercise period will be exercised through a self-exercise method, with shares listed for trading on the second trading day after the exercise date [11][12]. Impact on Financial Reports - The exercise of stock options is not expected to have a significant impact on the company's financial condition or operating results [14].

Core Points - The company announced the results of the stock option and restricted stock incentive plan for the second quarter of 2025, with a total of 100 shares exercised in this period [1] - As of the end of the second quarter of 2025, a total of 2,488,560 shares have been exercised under the first exercise period, accounting for 99.59% of the total options available for exercise [1][10] - The shares obtained through the exercise will be listed for trading on the second trading day after the exercise date [1] Group 1: Incentive Plan Details - The incentive plan has undergone necessary decision-making procedures and disclosures, with independent directors and legal opinions confirming compliance [2][3] - The plan was approved on April 17, 2023, granting a total of 65.5 million stock options and restricted stocks to 148 eligible participants, with an exercise price of 2.00 CNY per share for stock options and 1.25 CNY per share for restricted stocks [3][4] - The company has conducted self-inspections regarding insider trading related to the incentive plan and found no violations [3] Group 2: Stock Changes and Financial Impact - The total number of shares before the exercise was 2,876,607,460, which increased to 2,876,607,560 after the exercise [10] - The company raised 200.00 CNY from the exercise, which will be used to supplement working capital [10] - The exercise of stock options is not expected to have a significant impact on the company's financial status or operating results [10]

Group 1 - The board of directors of Ecovacs Robotics held its second meeting, with all 9 directors present, and the meeting was deemed legally valid [1] - The board decided not to adjust the conversion price of the "Kewo Convertible Bonds" despite triggering the downward adjustment clause, maintaining the current conversion price at 174.72 yuan per share [1] - The board will reconsider the adjustment of the conversion price if the clause is triggered again after December 29, 2025 [1] Group 2 - The remuneration and assessment committee approved the proposal for adjustments to the 2024 stock option and restricted stock incentive plan, which was submitted to the board for review [2] - Legal opinions and independent financial advisory reports were provided regarding the adjustments to the incentive plan [3] - The voting results for the proposals showed unanimous support, with 8 votes in favor and no opposition [2][3]

Core Viewpoint - The legal opinion letter issued by JunHe Law Offices confirms that the incentive plan for 2024 stock options and restricted stock of Ecovacs Robotics Co., Ltd. has obtained the necessary approvals and complies with relevant regulations [5][12]. Group 1: Legal Framework and Compliance - The legal opinion is based on the Company Law, Securities Law, and the Management Measures for Equity Incentives issued by the China Securities Regulatory Commission [2][4]. - The law firm has verified the authenticity and completeness of the documents provided by the company, ensuring that there are no omissions or misrepresentations [3][5]. Group 2: Incentive Plan Details - The incentive plan includes the granting of a total of 3.3976 million stock options at a price of 31.86 CNY per option and 1.5581 million restricted shares at a price of 19.75 CNY per share to 507 and 484 incentive recipients, respectively [6][9]. - The plan's approval and authorization have been confirmed, and it adheres to the relevant provisions of the Management Measures and the incentive plan [5][12]. Group 3: Adjustments and Conditions - Adjustments to the exercise price of stock options and the granting price of restricted shares will be made in accordance with the company's dividend distribution, ensuring that the adjusted prices remain positive [7][8]. - The granting of stock options or restricted shares is contingent upon meeting specific conditions, including the absence of negative audit opinions and compliance with legal regulations [10][11]. Group 4: Conclusion and Next Steps - The law firm concludes that the incentive plan has met all necessary conditions and approvals, and the company must fulfill its information disclosure obligations and complete stock granting registrations [12][13].

Core Viewpoint - The company has approved the 2025 Stock Option and Restricted Stock Incentive Plan, which aims to motivate and retain key personnel through equity incentives [1][4]. Group 1: Incentive Plan Details - The company held meetings on June 12, 2025, to review and approve the incentive plan and its management measures [1]. - The incentive plan includes stock options and restricted stocks, with details published on June 13, 2025 [2]. - The public disclosure of the incentive plan included the names and positions of the incentive targets, which were made available internally from June 13 to June 22, 2025 [2]. Group 2: Verification Process - The supervisory board verified the names, identification documents, and employment contracts of the incentive targets [3]. - No objections were raised by employees regarding the incentive targets during the public disclosure period [2][4]. Group 3: Supervisory Board's Opinion - The supervisory board confirmed that the selected incentive targets meet the qualifications set forth in relevant laws and regulations [4][5]. - The incentive targets do not fall under any disqualifying conditions as outlined in the management regulations [5]. - The targets include directors, senior management, middle management, and core personnel who have formal employment relationships with the company [5].

Core Viewpoint - The legal opinion letter from Beijing Hairun Tianrui Law Firm confirms that Dingjie Shuzhi Co., Ltd. has properly adjusted the stock option and restricted stock incentive plan for 2021, specifically regarding the grant price of restricted stocks, in compliance with relevant laws and regulations [2][12]. Group 1: Legal Compliance and Procedures - The law firm acted as a special legal advisor for Dingjie Shuzhi's 2021 stock option and restricted stock incentive plan [2]. - The adjustment of the grant price for restricted stocks has been conducted in accordance with the Company Law, Securities Law, and the Management Measures for Equity Incentives of Listed Companies [2][12]. - The necessary decision-making procedures for the incentive plan have been fulfilled, including approvals from the board of directors and the supervisory board [6][10]. Group 2: Adjustment Details - The adjustment of the grant price for restricted stocks is calculated as follows: P = P0 - V, where P0 is the original grant price, V is the dividend per share, and P is the adjusted grant price [12]. - The adjusted grant price for the reserved restricted stocks is set at 10.77 yuan per share after accounting for a dividend of 0.03 yuan per share [12]. - The adjustment falls within the authorization granted by the company's first extraordinary general meeting in 2021, thus does not require further shareholder approval [12]. Group 3: Conclusion - The law firm concludes that the adjustment has obtained the necessary approvals and is in compliance with the company's incentive plan and relevant legal regulations [12].

北京市金杜律师事务所 关于莲花控股股份有限公司 注销部分股票期权和回购注销部分限制性股票事项的 法律意见书 真实和有效的，且一切足以影响本法律意见书的事实和文件均已向金杜披露， 而无任何隐瞒或重大遗漏。 致：莲花控股股份有限公司 北京市金杜律师事务所（以下简称"金杜"）受莲花控股股份有限公司（以 下简称"公司"）委托，作为公司 2024 年股票期权与限制性股票激励计划（以下 简称"本激励计划"）的专项法律顾问，根据《中华人民共和国公司法》（以下 简 称"《 公 司 法 》"） 、 《 中 华 人 民 共 和 国 证 券 法 》 （ 以 下 简 称"《 证 券 法》"）、《上市公司股权激励管理办法（2025 修正）》（以下简称"《管理办 法》"）等法律、行政法规、部门规章及规范性文件（以下简称"法律法规"）和 《莲花控股股份有限公司章程》（以下简称"《公司章程》"）及《莲花控股股 份有限公司 2024 年股票期权与限制性股票激励计划》（以下简称"《激励计 划》"） 1 的有关规定，按照律师行业公认的业务标准、道德规范和勤勉尽责精 神，就公司注销部分股票期权（以下简称"本次注销"）、回购注销部分限制 性股票（以下 ...