This document provides a legal opinion regarding the failure to meet the conditions for the first vesting period of the 2024 restricted stock incentive plan for Ningbo Jialian Technology Co., Ltd. It states that the granted but unvested restricted stocks are void. The total number of restricted stocks involved is 1,314,080 shares.
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Beijing Guantao Law Firm
Regarding Ningbo Jialian Technology Co., Ltd.'s 2024 Restricted Stock Incentive Plan's First Vesting Period Conditions Not Being Met and the Voiding of Granted but Unvested Restricted Stocks
Legal Opinion
To: Ningbo Jialian Technology Co., Ltd.
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