Legal Opinion
Zhejiang Tiance Law Firm (hereinafter referred to as "this firm") has been entrusted by Zhejiang Shuanghuan Transmission Machinery Co., Ltd. (hereinafter referred to as "Shuanghuan Transmission" or "the Company") to act as special legal counsel regarding matters related to the implementation of the 2022 Stock Option Incentive Plan (hereinafter referred to as "this Incentive Plan").
Based on the relevant provisions of 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 Management Measures for Equity Incentives of Listed Companies (hereinafter referred to as "the Management Measures"), and the Articles of Association of Zhejiang Shuanghuan Transmission Machinery Co., Ltd. (hereinafter referred to as "the Articles of Association"), this firm has issued several legal opinions regarding the Incentive Plan.