Core Viewpoint - The legal opinion from Beijing DeHeng Law Offices confirms the legality and compliance of Yunnan Provincial Precious Metals New Materials Holding Group Co., Ltd.'s repurchase and cancellation of part of the restricted stock under the 2021 incentive plan, ensuring all necessary procedures and approvals have been followed [2][9][12]. Summary by Sections Legal Basis and Procedures - The legal opinion is based on the review of relevant laws, regulations, and the company's compliance with the 2021 incentive plan [2][3]. - The company has completed necessary procedures, including the approval of the incentive plan draft and the authorization from the shareholders' meeting [3][4]. Repurchase Details - The company plans to repurchase and cancel a total of 487,920 shares of restricted stock from 14 incentive objects due to reasons such as retirement and resignation [10][12]. - The repurchase price for the shares is set at 10.77 yuan per share, adjusted from the original price of 11.51 yuan due to a previous stock distribution [11][12]. Impact on Incentive Plan - Following the repurchase, the number of incentive objects will decrease from 395 to 381, and the total number of unvested restricted stocks will adjust accordingly [12]. - The repurchase will not affect the control of the company or its compliance with listing conditions [12]. Conclusion - The legal opinion concludes that the repurchase and cancellation of restricted stocks are in accordance with the Company Law and relevant regulations, and all necessary approvals have been obtained [9][12].