Legal Opinion from Beijing Grandway Law Offices on the Cancellation of Remaining Stock Options of Shenzhen Jinke Co., Ltd.'s 2020 Stock Option Incentive Plan
Beijing Grandway Law Offices (hereinafter referred to as "this firm") has been entrusted by Shenzhen Jinke Co., Ltd. (hereinafter referred to as "the company" or "Shenzhen Jinke") to act as the special legal advisor for the company's 2020 Stock Option Incentive Plan (hereinafter referred to as "this incentive plan" or "the plan") and to issue this legal opinion regarding the cancellation of remaining stock options under this incentive plan (hereinafter referred to as "this cancellation"). This legal opinion is issued in accordance with 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"), the Administrative Measures for Equity Incentives of Listed Companies (hereinafter referred to as "the Administrative Measures"), and other relevant laws, regulations, rules, and normative documents.
The lawyers of this firm have verified and validated all documents and materials related to the issuance of this legal opinion in accordance with the relevant provisions of current Chinese laws, regulations, rules, and normative documents. The lawyers of this firm make the following statements regarding the issuance of this legal opinion:
- The lawyers of this firm only express legal opinions on facts that have occurred or existed prior to the issuance date of this legal opinion, based on current effective laws, regulations, rules, and normative documents in China.
- The lawyers of this firm have strictly fulfilled their statutory duties in accordance with the Securities Law, the Administrative Measures for Securities Legal Services, and the Trial Implementation Rules for Securities Legal Services, and have conducted sufficient verification to ensure that the facts determined in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.
- The lawyers of this firm agree that Shenzhen Jinke may quote part or all of this legal opinion in the relevant documents of this incentive plan; however, Shenzhen Jinke shall not cause any legal ambiguity or misinterpretation due to such quotations.
- Shenzhen Jinke has guaranteed that it has provided all factual materials, approval documents, certificates, and other relevant documents necessary for the issuance of this legal opinion, all of which are true, legal, valid, and complete, without any false records, misleading statements, or significant omissions, and all signatures and seals on the documents are genuine, and all copies or duplicates are completely consistent with the originals.
- For facts that are crucial to this legal opinion but cannot be supported by independent evidence, the lawyers of this firm rely on proof documents and testimonies provided by relevant government departments, Shenzhen Jinke, other relevant units, or relevant individuals.
- The lawyers of this firm have reviewed and judged all documents and testimonies related to the issuance of this legal opinion and have issued legal opinions based on this.
- This legal opinion is only for the purpose of Shenzhen Jinke's intended implementation of this incentive plan and shall not be used for any other purpose.
Based on the provisions of the Administrative Measures, the Administrative Measures for Securities Legal Services, and the Trial Implementation Rules for Securities Legal Services, and in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility in the legal profession, the lawyers of this firm have conducted sufficient verification and validation of the relevant documents and facts provided by the company, and issue the following legal opinions: