Beijing Han Kun (Shenzhen) Law Firm
To: Luxshare Precision Industry Co., Ltd.
Legal Opinion
Beijing Han Kun (Shenzhen) Law Firm (hereinafter referred to as "the Firm") has been retained by Luxshare Precision Industry Co., Ltd. (hereinafter referred to as "the Company" or "Luxshare Precision") as the dedicated legal advisor for the Luxshare Precision 2022 Stock Option Incentive Plan (hereinafter referred to as "the Plan"). Based on the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Securities Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as "Measures") issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), and other relevant laws, regulations, rules, and the Articles of Association of Luxshare Precision Industry Co., Ltd. (hereinafter referred to as "Articles of Association"), this Legal Opinion is issued regarding the adjustment of exercise prices, adjustment of exercise quantities, cancellation of certain options, and the fulfillment of conditions for the third exercise period of the Plan.
The Firm's lawyers make the following declarations regarding the issuance of this Legal Opinion:
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The Firm, in accordance with the "Company Law," the "Administrative Measures for Securities Legal Business of Law Firms (Trial)," and the "Practice Rules for Securities Legal Business of Law Firms (Trial)," and based on facts that have occurred or existed prior to the issuance date of this Legal Opinion, has diligently performed its statutory duties, adhered to the principles of diligence and good faith, conducted verification and investigation, and ensures that the facts identified in this Legal Opinion are true, accurate, and complete. The conclusions expressed are legal and accurate, free from any false records, misleading statements, or material omissions, and the Firm assumes corresponding legal responsibilities.
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For the purpose of issuing this Legal Opinion, the Firm has, in accordance with the "Administrative Measures for Securities Legal Business of Law Firms" and the "Practice Rules for Securities Legal Business of Law Firms (Trial)," reviewed the documents that require review and other documents that the Firm deems necessary to consult. Concurrently, Luxshare Precision has provided the Firm with the following assurances: Luxshare Precision has provided the Firm with all original written materials, copies, or oral statements necessary for the issuance of this Legal Opinion. Signatures or seals on the relevant materials are genuine and effective, and the copies or duplicates of the materials are consistent with the originals, with no false content or material omissions.
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The Firm expresses opinions solely on the legal issues related to the adjustment of exercise prices, adjustment of exercise quantities, cancellation of certain options, and the fulfillment of conditions for the third exercise period of the Plan. The legal opinions are based solely on the current effective laws and regulations of the People's Republic of China, and not on any foreign laws. The Firm does not express opinions on the reasonableness of the valuation of the underlying shares, performance standards, or other non-legal professional matters such as accounting and finance related to the Plan. While the Firm has exercised due diligence in citing financial data or conclusions in this Legal Opinion, such citations should not be construed as an explicit or implicit guarantee by the Firm of the truthfulness and accuracy of these data or conclusions.
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This Legal Opinion is for the sole use of Luxshare Precision for the purpose of implementing the Plan and may not be used for any other purpose without the Firm's written consent.