Legal Opinion
Introduction
This legal opinion is issued by Guangdong Xinda Law Firm regarding the achievement of conditions for the second release period of the reserved portion of restricted stock under the 2023 Restricted Stock Incentive Plan of Shenzhen Demingli Technology Co., Ltd. (hereinafter referred to as "the Company").
Legal Basis
Guangdong Xinda Law Firm (hereinafter referred to as "Xinda") has been entrusted by the Company to act as its special legal advisor for the 2023 Restricted Stock Incentive Plan (hereinafter referred to as "this Incentive Plan") based on the "Special Legal Advisor Engagement Agreement" signed with the Company. This opinion is based on the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Equity Incentives of Listed Companies, and other relevant laws, regulations, and normative documents, as well as the Company's Articles of Association and the draft of the 2023 Restricted Stock Incentive Plan.