001230SZSE

Legal Opinion from Anhui Tianhe Law Office on the Repurchase and Cancellation of Restricted Stocks for Jinlv Environmental Technology Co., Ltd.'s 2025 Incentive Plan

✨ AI Summary

This legal opinion confirms the approval and authorization for Jinlv Environmental Technology Co., Ltd. to repurchase and cancel 100,000 restricted stocks due to the departure of an incentive plan participant. The repurchase price is set at 11.07 RMB per share, based on adjustments from the company's recent dividend distribution. The funding for this repurchase will come from the company's own funds.

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Full Translation

AI Translation· azure_openai

Legal Opinion from Anhui Tianhe Law Office

Definition

In this legal opinion, unless otherwise specified, the following terms have the meanings set forth below:

  • Jinlv Environmental, Company refers to Jinlv Environmental Technology Co., Ltd.
  • This incentive plan, the incentive plan refers to the Jinlv Environmental 2025 Restricted Stock Incentive Plan.
  • "Restricted Stock Incentive Plan" refers to the draft of the Jinlv Environmental Technology Co., Ltd. 2025 Restricted Stock Incentive Plan.
  • Company Law refers to the Company Law of the People's Republic of China.
  • Securities Law refers to the Securities Law of the People's Republic of China.
  • Management Measures refers to the Management Measures for Equity Incentives of Listed Companies.
  • Self-Regulatory Guidelines No. 1 refers to the Self-Regulatory Guidelines No. 1 for Business Handling of Listed Companies on the Shenzhen Stock Exchange.
  • Articles of Association refers to the Articles of Association of Jinlv Environmental Technology Co., Ltd.
  • CSRC refers to the China Securities Regulatory Commission.
  • SZSE refers to the Shenzhen Stock Exchange.
  • This Office refers to Anhui Tianhe Law Office.
  • Yuan/10,000 Yuan refers to Renminbi Yuan and Renminbi 10,000.

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