Core Viewpoint - The legal opinion from Beijing Deheng (Shenzhen) Law Firm confirms that Shenzhen Xince Standard Technology Service Co., Ltd. is qualified to implement its 2025 Employee Stock Ownership Plan (ESOP) in compliance with relevant laws and regulations [3][20]. Group 1: Company Overview - Shenzhen Xince Standard Technology Service Co., Ltd. is a legally established joint-stock company listed on the Shenzhen Stock Exchange with stock code 300938 [6][20]. - The company was originally established as Shenzhen Xince Electromagnetic Technology Co., Ltd. and was renamed in December 2003, transitioning to a joint-stock company in February 2013 [5][6]. Group 2: Employee Stock Ownership Plan (ESOP) Details - The ESOP aims to raise a total of up to 34.78 million yuan, with each unit priced at 1 yuan, and a maximum of 34.78 million units available for subscription [8][10]. - The plan includes participation from company directors (excluding independent directors), supervisors, senior management, and key personnel, with a total of 3,478,000 shares allocated, representing 1.32% of the company's total share capital [9][12]. - The funding sources for the ESOP will be employees' legal salaries and self-raised funds, with no financial assistance provided by the company [8][12]. Group 3: Legal Compliance and Procedures - The company has adhered to necessary legal procedures for the ESOP, including obtaining employee representative opinions and passing relevant resolutions at the employee representative assembly [15][21]. - The legal opinion confirms that the ESOP complies with the guidelines and operational regulations set forth by the relevant authorities, ensuring no insider trading or market manipulation occurs [11][20]. - The ESOP's management will be overseen by a management committee, ensuring the protection of participants' rights and interests [10][14]. Group 4: Information Disclosure - The company has fulfilled its information disclosure obligations regarding the ESOP, including announcements of the plan and related resolutions [18][21]. - Further disclosures will be made as the ESOP progresses, in accordance with legal and regulatory requirements [18][21].