300729SZSE

Legal Opinion on the Adjustment of the Grant Price for the 2023 Restricted Stock Incentive Plan of Lekang Ergonomics Technology Co., Ltd.

Loctek Ergonomic Technology Corp.··7 pages

✨ AI Summary

This legal opinion confirms the adjustment of the grant price for Lekang Ergonomics Technology's 2023 restricted stock incentive plan. The grant price is adjusted from 7.49 CNY to 7.19 CNY per share due to a cash dividend distribution. The adjustment has received necessary approvals from the board and supervisory committee, ensuring compliance with relevant laws and regulations.

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Full Translation

AI Translation· azure_openai

Legal Opinion

Introduction

  1. Basis for Issuing the Legal Opinion
    Grandall Law Firm (Shanghai) (hereinafter referred to as "the Firm") has been entrusted by Lekang Ergonomics Technology Co., Ltd. (hereinafter referred to as "Lekang" or "the Company") to act as the special legal advisor for the Company's 2023 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan"). In accordance with 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"), the Administrative Measures for Equity Incentives of Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as "the Management Measures"), and other relevant laws, regulations, and normative documents, as well as the Articles of Association of Lekang Ergonomics Technology Co., Ltd. (hereinafter referred to as "the Articles of Association") and the provisions of the draft of the 2023 Restricted Stock Incentive Plan, the Firm has conducted verification and validation of the Company's relevant documents and existing facts according to recognized business standards, ethical norms, and the spirit of diligence and responsibility, and has issued this legal opinion regarding the adjustment of the grant price for the 2023 Restricted Stock Incentive Plan (hereinafter referred to as "the Adjustment").

  2. Declaration of the Legal Opinion
    The lawyers of the Firm express legal opinions based on facts that have occurred or existed prior to the issuance date of this legal opinion and in accordance with current laws, regulations, and relevant provisions of the China Securities Regulatory Commission. The Firm declares as follows:
    The Firm and its lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Administrative Measures for Securities Legal Services, and the Trial Implementation Rules for Securities Legal Services, and have conducted thorough verification and validation based on facts that have occurred or existed prior to the issuance date of this legal opinion. They ensure that the facts recognized 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. The Company guarantees that it has provided the Firm's lawyers with the necessary true, complete, and valid original written materials, copies, or oral testimonies for issuing this legal opinion. For facts that are crucial to this legal opinion but cannot be independently supported by evidence, the Firm's lawyers rely on certification documents issued by relevant government departments, the issuer, or other relevant units. This legal opinion only expresses opinions on legal issues related to the Company's Incentive Plan and does not comment on the reasonableness of the stock value, assessment criteria, or other non-legal professional matters involved in the Incentive Plan. This legal opinion is intended solely for the purpose of this Adjustment and may not be used for any other purpose without the Firm's written consent.

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