Beijing Grandway Law Offices
Regarding Beijing Sheng Tong Printing Co., Ltd.'s 2026 Restricted Stock Incentive Plan Adjustment and Initial Grant Legal Opinion
Grandway Law Certificate No. [2026]AN088-2
To: Beijing Sheng Tong Printing Co., Ltd.
Pursuant to the agreement signed between our firm and Sheng Tong股份, our firm has been appointed as the special legal advisor for Sheng Tong股份's implementation of this incentive plan. Based on relevant laws, regulations, rules, and normative documents such as the "Company Law," "Securities Law," "Management Measures," and "Self-Regulatory Guidance," as well as the "Articles of Association," we have issued the "Legal Opinion of Beijing Grandway Law Offices on the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Draft Legal Opinion"). This legal opinion is issued regarding the adjustment of Sheng Tong股份's incentive plan (hereinafter referred to as the "Adjustment") and the related matters of the initial grant.
To issue this legal opinion, our firm has conducted verification and confirmation of the facts and legal documents related to the Adjustment and the initial grant.
The statements made by our firm in the "Draft Legal Opinion" also apply to this legal opinion; unless otherwise specified, the abbreviations used in this legal opinion have the same meaning as those in the "Draft Legal Opinion."
In accordance with the requirements of the "Company Law," "Securities Law," "Measures for the Administration of Legal Business of Law Firms Engaging in Securities Legal Business (2023)," "Practice Rules for Law Firms Engaging in Securities Legal Business (Trial)," and other relevant laws, administrative regulations, rules, and normative documents, and adhering to the generally recognized business standards, ethical norms, and the spirit of diligence and responsibility of the legal profession, our firm hereby issues the following legal opinion:
I. Approval and Authorization for the Adjustment and Initial Grant
Upon examination of the shareholder meeting, remuneration and assessment committee, and board of directors meeting documents and materials provided by the company, the approval and authorization procedures undertaken by the company for this Adjustment and initial grant are as follows:
(I) On May 29, 2026, the 2026 Second Meeting of the Remuneration and Assessment Committee of the Sixth Board of Directors of the company deliberated and passed the "Proposal on the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) and its Summary," the "Proposal on the Management Measures for the Performance Assessment of the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan," and the "Proposal on Verifying the List of Initial Grantees of the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan." The Remuneration and Assessment Committee issued the "Verification Opinion on Matters Related to the 2026 Restricted Stock Incentive Plan."
(II) On May 29, 2026, the 2026 Fourth Meeting of the Sixth Board of Directors of the company deliberated and passed the "Proposal on the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft) and its Summary," the "Proposal on the Management Measures for the Performance Assessment of the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan," and the "Proposal to Authorize the Board of Directors to Handle Matters Related to the Beijing Sheng Tong Printing Co., Ltd. 2026 Restricted Stock Incentive Plan by the Shareholders' Meeting."