300685SZSE

Legal Opinion from AllBright Law Offices on Xiamen Aide Biotechnology Co., Ltd.'s Repurchase and Cancellation of Part of 2023 Restricted Stock

✨ AI Summary

This legal opinion confirms that Xiamen Aide Biotechnology Co., Ltd. has completed the necessary procedures for repurchasing and canceling 1,430,975 shares of restricted stock due to the departure of 29 employees and unmet performance targets. The repurchase price is set at 11.32 yuan per share plus interest. The opinion asserts compliance with relevant laws and regulations.

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Full Translation

AI Translation· azure_openai

Legal Opinion

Address:

501 Yincheng Middle Road, Shanghai Center Tower, 9th, 11th, and 12th Floors, Pudong New District, Shanghai
Phone: 021-20511000
Fax: 021-20511999
Postal Code: 200120

Case Number:

01F20234040

To: Xiamen Aide Biotechnology Co., Ltd.

AllBright Law Offices (hereinafter referred to as "this firm") has been entrusted by Xiamen Aide Biotechnology Co., Ltd. (hereinafter referred to as "the Company" or "Aide Biotechnology") and acts as the special legal advisor for matters related to the Company's 2023 Restricted Stock Incentive Plan (hereinafter referred to as "this Incentive Plan") according to the "Special Legal Advisory Contract" signed between the Company and this firm. This firm and the handling lawyers have issued this legal opinion regarding the Company's repurchase and cancellation of part of the restricted stock granted under the 2023 Restricted Stock Incentive Plan (hereinafter referred to as "this Repurchase and Cancellation") in accordance with the relevant laws, regulations, and normative documents such as the "Company Law of the People's Republic of China" (hereinafter referred to as "the Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "the Securities Law"), and the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as "the Management Measures").

Declaration

  1. This firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the "Securities Law," the "Measures for the Administration of Securities Legal Services by Law Firms," and the "Trial Implementation Rules for Securities Legal Services by Law Firms," and have conducted sufficient verification to ensure that the facts stated in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.

  2. This firm and the handling lawyers only express opinions on legal issues related to this Incentive Plan and do not provide opinions on accounting, auditing, or other professional matters; references to certain data and conclusions in accounting and audit reports in this legal opinion do not imply any express or implied guarantee of the truthfulness and accuracy of these data and conclusions.

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