Beijing Jingtian & Gongcheng (Shenzhen) Law Firm
Regarding Shenzhen Outo Electronics Co., Ltd.'s Adjustment of the Repurchase Price for the 2026 Restricted Stock Incentive Plan
To: Shenzhen Outo Electronics Co., Ltd.
This firm, entrusted by Shenzhen Outo Electronics Co., Ltd. (hereinafter referred to as the "Company"), based on 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 Employee Stock Ownership Plans of Listed Companies" (hereinafter referred to as the "Administrative Measures"), the "Guiding Opinions on Pilot Employee Stock Ownership Plans of Listed Companies," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Shenzhen Outo Electronics Co., Ltd." and the "Shenzhen Outo Electronics Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan (Draft)"), hereby issues this legal opinion regarding the adjustment of the repurchase price for the 2026 Restricted Stock Incentive Plan (hereinafter referred to as the "Adjustment").
In order to issue this legal opinion, the firm's lawyers have, in accordance with the generally accepted professional standards, ethical norms, and the principle of diligent performance of duties in the legal profession, reviewed the documents deemed necessary by the firm and verified the relevant facts and information through inquiries with government departments and public information.
Regarding the documents, information, and statements provided by the Company, this firm and its handling lawyers have received the following assurances from the Company: the documents provided and statements made to this firm by the Company are complete, true, accurate, and effective; the entities signing the documents have the legal capacity and ability to act; all signatures and seals in the provided documents are genuine, and any signed documents have been duly authorized by the relevant parties and signed by their legal representatives or authorized representatives; copies of documents are identical to their originals, and all facts and documents that could influence this legal opinion have been disclosed to this firm without any concealment, omission, falsehood, or misleading information; and such facts and documents have not undergone any changes as of the date of provision to this firm and the date of issuance of this legal opinion.
For the purpose of issuing this legal opinion, this firm hereby makes the following statements:
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This firm and its handling lawyers issue this legal opinion based on the provisions of the "Company Law," "Securities Law," "Administrative Measures," "Administrative Measures for Securities Legal Business of Law Firms," and the "Rules of Professional Practice for Securities Legal Business of Law Firms (Trial)," as well as facts that have occurred or existed prior to the issuance date of this legal opinion.
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This firm and its handling lawyers have strictly performed their statutory duties in accordance with the provisions of relevant laws and regulations, adhered to the principles of diligence and good faith, conducted verification and validation, and ensured that the facts identified in this legal opinion are true, accurate, and complete, and that the conclusions expressed are legal and accurate, without any false records, misleading statements, or material omissions, and assume corresponding legal responsibilities.