Core Viewpoint - Zhejiang Jingheng Law Firm issued a legal opinion regarding the repurchase and cancellation of part of the restricted stock of Hangzhou Dihun Network Technology Co., Ltd. as part of its 2024 restricted stock incentive plan, confirming that the actions taken are in compliance with relevant laws and regulations [1][2][3]. Group 1: Approval and Authorization - The company has obtained necessary approvals and authorizations for the implementation of the 2024 restricted stock incentive plan, including the review and approval of related proposals by the board of directors [3][4][6]. - The board of directors has been authorized by the shareholders' meeting to handle the repurchase and cancellation of restricted stocks that have not yet been released from restrictions [7][8]. Group 2: Repurchase and Cancellation Details - The repurchase and cancellation of restricted stocks is due to the departure of five incentive targets who no longer qualify for the incentive plan, totaling 119,000 shares to be repurchased [8][9]. - The repurchase price for the restricted stocks is set at 9.65 yuan per share, adjusted from the original price of 10.09 yuan per share due to the company's profit distribution [10][11]. Group 3: Compliance and Conclusion - The legal opinion confirms that the reasons, quantity, and price for the repurchase and cancellation of the restricted stocks comply with the relevant regulations and the incentive plan [11]. - The company is required to fulfill its information disclosure obligations and complete the necessary procedures for capital reduction and stock cancellation as per the Company Law and other regulations [11].