002410SZSE

Legal Opinion of JunHe Law Firm on the Adjustment of Exercise Price of Stock Options for Guang Lida Technology Co., Ltd.'s 2025 Stock Option Incentive Plan

Glodon Company Limited·

✨ AI Summary

This legal opinion by JunHe Law Firm confirms that the adjustment of the exercise price for Guang Lida Technology Co., Ltd.'s 2025 Stock Option Incentive Plan is compliant. The adjustment, from 10.73 RMB/share to 10.58 RMB/share and then to 10.35 RMB/share, was made due to the company's 2024 and 2025 equity distribution plans. All necessary approvals and authorizations have been obtained, meeting regulatory requirements.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Legal Opinion of JunHe Law Firm on the Adjustment of Exercise Price of Stock Options for Guang Lida Technology Co., Ltd.'s 2025 Stock Option Incentive Plan

To: Guang Lida Technology Co., Ltd.

JunHe Law Firm is a law firm qualified to practice law. Entrusted by Guang Lida Technology Co., Ltd. (hereinafter referred to as "Guang Lida" or "the Company"), this firm's lawyers hereby issue this legal opinion on the matter of the adjustment of the exercise price of stock options under Guang Lida's 2025 Stock Option Incentive Plan (hereinafter referred to as "the Incentive Plan") (hereinafter referred to as "the Adjustment of the Exercise Price").

This legal opinion is issued in accordance with the laws, regulations, and normative documents of the People's Republic of China (for the purpose of issuing this legal opinion, excluding the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and Taiwan) that were officially promulgated and implemented prior to the issuance date of this legal opinion, including the "Company Law," "Securities Law," "Administrative Measures," "Guiding Opinions on Self-Regulation No. 1," and other relevant regulations.

This legal opinion only expresses opinions on legal issues related to the adjustment of the exercise price and does not express opinions on accounting, auditing, or investment decisions. The citation of certain data and conclusions in audit reports and other professional reports in this legal opinion does not mean that this firm guarantees the truthfulness and accuracy of these data and conclusions, nor does this firm possess the qualifications to verify and evaluate these data and conclusions.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.