Group 1 - The law firm Beijing Zhonglun Law Firm has been appointed as the legal advisor for Sichuan Hite High-tech Co., Ltd. regarding its 2025 employee stock ownership plan [1][2] - The law firm confirms that the documents provided by the company are true, accurate, complete, and valid, with no significant omissions or falsehoods [2][3] - The company holds a valid business license issued by the Chengdu Market Supervision Administration, with a registered capital of 740.86 million yuan [3][4] Group 2 - The employee stock ownership plan complies with relevant laws and regulations, including the Guiding Opinions and the Self-Regulatory Guidelines for Listed Companies [5][6] - Participation in the plan is voluntary for employees, and there are no forced allocations, aligning with the principles of voluntary participation and risk-bearing [5][6] - The plan allows for a maximum of 670 million shares, not exceeding 10% of the company's total share capital, with individual holdings capped at 1% [6][8] Group 3 - The company has followed necessary legal procedures for the implementation of the employee stock ownership plan, including soliciting employee opinions and ensuring compliance with disclosure requirements [10][11] - The plan includes provisions for avoiding conflicts of interest during shareholder meetings, ensuring that participating directors and senior management abstain from voting on related proposals [11][12] - The plan does not create any concerted action relationships with the company's controlling shareholders or senior management, maintaining independence in decision-making [12][14] Group 4 - The law firm concludes that the company meets the qualifications to implement the employee stock ownership plan and has complied with all necessary legal and regulatory requirements [14] - The company is required to continue fulfilling information disclosure obligations as the plan progresses [14] - The plan's arrangements for voting rights and participation in financing activities are in accordance with relevant regulations [14]