301135SZSE

Legal Opinion of Guangdong Xinda Law Firm on the Second Vesting Period of Guangdong Ruide Intelligent Technology Co., Ltd.'s 2024 Restricted Stock Incentive Plan

Ruid Smart Co., Ltd.··11 pages

✨ AI Summary

This legal opinion confirms the achievement of vesting conditions for the second period of the 2024 restricted stock incentive plan, adjustments to the grant price and quantity of restricted stocks, and the cancellation of certain stocks. The adjustments include an increase in the number of granted stocks to 1,326,309 and a reduction in the grant price to 6.90 yuan per share. The opinion asserts compliance with relevant laws and regulations.

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Legal Opinion

Legal Opinion on the Achievement of Vesting Conditions, Adjustment of Grant Price and Quantity of Restricted Stocks, and Cancellation of Certain Restricted Stocks of Guangdong Ruide Intelligent Technology Co., Ltd.'s 2024 Restricted Stock Incentive Plan

Guangdong Xinda Law Firm has been entrusted by Guangdong Ruide Intelligent Technology Co., Ltd. to act as the special legal advisor for the company's 2024 restricted stock incentive plan. Based on the Company Law, Securities Law, Management Measures, Stock Listing Rules, Self-Regulatory Guidelines, and relevant provisions of the company's articles of association and the draft of the 2024 restricted stock incentive plan, the lawyers from Xinda have issued this legal opinion in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility.

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