To: Yueyang Xinchang Petrochemical Co., Ltd.
Zhejiang Tiance (Shenzhen) Law Firm (hereinafter referred to as "this firm") has been commissioned by Yueyang Xinchang Petrochemical Co., Ltd. (hereinafter referred to as "the Company") to implement the 2022 restricted stock incentive plan (hereinafter referred to as "the Plan") and provide legal opinions regarding the second release of restrictions on the Plan.
Based on the relevant laws and regulations, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and the Administrative Measures for the Incentive Plan of Listed Companies, the firm provides the following legal opinions:
- The legal opinions herein are based on the facts and documents provided by the Company, which are true, accurate, and complete. The firm has no reason to doubt the authenticity of the documents provided.