300776SZSE

Legal Opinion on the Cancellation of Unvested Restricted Stocks Granted under the 2023 Incentive Plan of Wuhan Dier Laser Technology Co., Ltd.

✨ AI Summary

This legal opinion confirms the cancellation of unvested restricted stocks granted under Wuhan Dier Laser's 2023 incentive plan. The plan initially granted 1,037,720 shares at a price of 79.92 RMB per share. Due to unmet performance conditions, the remaining unvested stocks will be voided, aligning with relevant laws and regulations. The adjustments were approved by the board and supervisory committee on March 27, 2026.

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Full Translation

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Legal Opinion

Definition

In this legal opinion, unless otherwise specified, the following terms or abbreviations have the meanings ascribed to them:

  • Dier Laser, Company refers to Wuhan Dier Laser Technology Co., Ltd.
  • This incentive plan, this incentive plan refers to the 2023 restricted stock incentive plan of Wuhan Dier Laser Technology Co., Ltd.
  • "Incentive Plan (Draft)" refers to the "2023 Restricted Stock Incentive Plan (Draft) of Wuhan Dier Laser Technology Co., Ltd."
  • "Implementation Assessment Management Measures" refers to the "Implementation Assessment Management Measures of the 2023 Restricted Stock Incentive Plan of Wuhan Dier Laser Technology Co., Ltd."
  • "Articles of Association" refers to the "Articles of Association of Wuhan Dier Laser Technology Co., Ltd."
  • "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 (Revised 2025)."
  • "Regulatory Measures" refers to the "Continuous Supervision Measures for Growth Enterprise Market Listed Companies (Trial) (Revised 2025)."
  • "Listing Rules" refers to the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules (Revised 2025)."
  • "CSRC" refers to the China Securities Regulatory Commission.
  • "SZSE" refers to the Shenzhen Stock Exchange.
  • "Our Firm" refers to Shanghai AllBright Law Offices (Wuhan).

Legal Opinion

Case Number: 22F20230050

To: Wuhan Dier Laser Technology Co., Ltd.

Shanghai AllBright Law Offices (Wuhan) has been entrusted by Wuhan Dier Laser Technology Co., Ltd. to act as special legal counsel for the 2023 restricted stock incentive plan. Based on the Company Law, Securities Law, Management Measures, Regulatory Measures, Listing Rules, and the Articles of Association, and in accordance with recognized professional standards, ethical norms, and due diligence, we issue this legal opinion.

To issue this legal opinion, our lawyers reviewed the "2023 Restricted Stock Incentive Plan (Draft)," "Implementation Assessment Management Measures," board meeting documents, supervisory committee meeting documents, independent opinions from independent directors, and other documents deemed necessary for review. We also verified relevant facts and materials through public information from government departments.

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