This legal opinion addresses the adjustment and grant of the 2026 Restricted Stock Incentive Plan for Guangdong Gaole Co., Ltd. The plan involves a reduction in the number of recipients from 28 to 26 due to voluntary forfeitures. The grant date is set for May 22, 2026, with a total of 45,939,200 shares to be awarded at a price of 4.89 RMB per share. The adjustments comply with relevant regulations and have received necessary approvals.
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This legal opinion is issued by Kangda Law Firm regarding the adjustment and grant of the 2026 Restricted Stock Incentive Plan for Guangdong Gaole Co., Ltd. The lawyers have verified the relevant materials and facts in accordance with the Company Law, Securities Law, and other applicable regulations.
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