301589SZSE

Legal Opinion from Beijing Zhonglun (Shenzhen) Law Firm on Xi'an Nova Star Cloud Technology Co., Ltd.'s 2025 Restricted Stock Incentive Plan Price Adjustment

Xi'an Novastar Tech Co., Ltd.··10 pages

✨ AI Summary

This legal opinion addresses the adjustment of the grant price for the 2025 Restricted Stock Incentive Plan of Xi'an Nova Star Cloud Technology Co., Ltd. The board approved a price adjustment from 71.88 RMB/share to 70.47 RMB/share. The adjustment follows the company's recent profit distribution and complies with relevant regulations.

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Full Translation

AI Translation· azure_openai

Legal Opinion

Introduction

Beijing Zhonglun (Shenzhen) Law Firm (hereinafter referred to as "this firm") has been entrusted by Xi'an Nova Star Cloud Technology Co., Ltd. (hereinafter referred to as "the company" or "Nova Star Cloud") to provide this legal opinion regarding the adjustment of the grant price for the 2025 Restricted Stock Incentive Plan (hereinafter referred to as "this incentive plan"). This opinion is based on the relevant provisions of 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"), as well as the company's articles of association (hereinafter referred to as "the Articles").

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