Legal Opinion on the Cancellation of Certain Stock Options of Jiangxi Ganfeng Lithium Co., Ltd.
Hankun Law Firm Shanghai Office (hereinafter referred to as "this office") has been entrusted by Jiangxi Ganfeng Lithium Co., Ltd. (hereinafter referred to as "the company") to act as the company's legal advisor and to issue this legal opinion regarding the cancellation of certain stock options involved in the 2022 stock option incentive plan.
This office and the handling lawyers have issued this legal opinion in accordance with the "Securities Law of the People's Republic of China," "Company Law of the People's Republic of China," "Management Measures for Equity Incentives of Listed Companies," "Management Measures for Securities Legal Services by Law Firms," and "Practice Rules for Securities Legal Services by Law Firms (Trial)," as well as relevant regulations of the China Securities Regulatory Commission, based on facts that have occurred or existed prior to the issuance date of this legal opinion. This opinion is issued in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility in the legal profession.
To issue this legal opinion, the lawyers of this office reviewed the company's announcement of the "Draft of Jiangxi Ganfeng Lithium Co., Ltd. 2022 Stock Option Incentive Plan" and other documents deemed necessary for review, verifying and validating the relevant facts. The lawyers hereby make the following statements:
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This office and the handling lawyers have strictly fulfilled their statutory duties in accordance with the "Securities Law," "Management Measures for Securities Legal Services by Law Firms," and "Practice Rules for Securities Legal Services by Law Firms (Trial)," and have conducted sufficient verification to ensure that the facts recognized in this legal opinion are true, accurate, and complete. The conclusions drawn are legal and accurate, with no false records, misleading statements, or significant omissions, and we bear corresponding legal responsibilities.
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The lawyers of this office have diligently and prudently fulfilled their verification obligations using written reviews, inquiries, and rechecks in accordance with legally established business rules.
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When issuing this legal opinion, the lawyers have fulfilled the special duty of care required of legal professionals for matters related to the law, and the general duty of care for other business matters.
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The documents obtained directly from public institutions, such as state agencies, organizations with public affairs management functions, accounting firms, asset appraisal agencies, credit rating agencies, and notary institutions, have been used as the basis for issuing this legal opinion after fulfilling the special duty of care for legal matters and the general duty of care for other business matters. For documents not obtained directly from public institutions, they have been verified and validated before being used as the basis for this legal opinion.
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This office agrees to use this legal opinion as a necessary legal document for the company regarding the cancellation of certain stock options in the 2022 stock option incentive plan, to be submitted or announced along with other materials, and bears corresponding legal responsibilities.
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This legal opinion is only for the purpose of the company’s cancellation of certain stock options in the 2022 stock option incentive plan and shall not be used by anyone for any other purpose. Based on the above statements, this office hereby issues this legal opinion.
Definitions
The following abbreviations mentioned in this legal opinion, unless otherwise explained in context, have the following meanings: