Audit Opinion of the Compensation and Assessment Committee on the Forfeiture of Restricted Shares Due to Failure to Meet Unlocking Conditions for the First Tranche of the Sixth Phase and the Second Tranche of the Reserved Tranche

✨ AI Summary

The Compensation and Assessment Committee reviewed the failure to meet performance targets for the sixth phase of the restricted stock incentive plan. Consequently, shares from the first tranche of the initial grant and the second tranche of the reserved grant will be repurchased and cancelled. This action complies with regulations and will not materially impact the company's financial status or operations.

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