Legal Opinion on the Adjustment of Exercise Price for the 2024 Stock Option Incentive Plan of Gongda Electronics Co., Ltd.
To: Gongda Electronics Co., Ltd.
Beijing Shidai Jiuhua Law Firm (hereinafter referred to as "this firm") has been entrusted by Gongda Electronics Co., Ltd. (hereinafter referred to as "the company" or "Gongda Electronics") to act as the special legal advisor for the company's 2024 stock option incentive plan. 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 Equity Incentives of Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as "the Administrative Measures"), the Shenzhen Stock Exchange Listing Rules, and the Self-Regulatory Guidelines No. 1 for Listed Companies of the Shenzhen Stock Exchange, as well as relevant provisions of the Articles of Association of Gongda Electronics Co., Ltd. (hereinafter referred to as "the Articles of Association"), this legal opinion is issued regarding the adjustment of the exercise price related to the 2024 stock option incentive plan (hereinafter referred to as "this incentive plan" or "this adjustment of exercise price matter").
The lawyers of this firm make the following statements regarding the issuance of this legal opinion:
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This firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Administrative Measures for Securities Legal Services, and the Provisional Rules for Securities Legal Services, and have conducted thorough verification based on facts that have occurred or existed prior to the issuance date of this legal opinion. They ensure that the facts recognized in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.
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Gongda Electronics has ensured that it has provided all necessary factual materials required for the issuance of this legal opinion to the lawyers of this firm, and that the relevant written materials and testimonies are true and valid, with no significant omissions or misleading statements. The copies provided are consistent with the originals; the lawyers of this firm have reviewed and judged all documents and testimonies provided by Gongda Electronics and issued legal opinions based on this.
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For facts that are crucial to this legal opinion but cannot be supported by independent evidence, the lawyers of this firm rely on proof documents or testimonies provided by Gongda Electronics, other relevant units, or individuals.
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The lawyers of this firm agree to announce this legal opinion as a necessary statutory document for this adjustment of exercise price and bear legal responsibility for it.
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This legal opinion is only for the purpose of the adjustment of exercise price matter of Gongda Electronics and shall not be used for any other purposes.
According to the requirements of the Company Law, the Securities Law, the Administrative Measures, and other relevant laws and regulations, and in accordance with the recognized business standards, ethical norms, and diligent and responsible spirit of the legal profession, the lawyers of this firm have verified and validated the documents and relevant facts provided by Gongda Electronics regarding this adjustment of exercise price matter. The legal opinions are as follows:
I. Approval and Authorization Related to This Incentive Plan and Adjustment of Exercise Price Matter
- Approval and Authorization of This Incentive Plan and Implementation Status