Legal Opinion from Beijing Tongshang (Chengdu) Law Firm on the Cancellation of Part of the Stock Appreciation Rights of Chengdu Kanghong Pharmaceutical Group Co., Ltd. 2023 Plan
To: Chengdu Kanghong Pharmaceutical Group Co., Ltd.
This law firm has been entrusted by the company to issue this legal opinion regarding the cancellation of part of the stock appreciation rights under the 2023 incentive plan (hereinafter referred to as "this cancellation") in accordance with the relevant provisions of the Company Law, Securities Law, Management Measures, and other laws, administrative regulations, departmental rules, and normative documents.
The lawyers of this firm declare:
- In issuing this legal opinion, our firm and the lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Management Measures for Securities Legal Services by Law Firms, and other relevant regulations, ensuring 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 we bear corresponding legal responsibilities.
- Our lawyers have reviewed and judged all documents, materials, and explanations provided by the company related to this legal opinion and have issued this legal opinion based on that.
- The company guarantees that it has provided all original written materials, copies, or oral testimonies deemed necessary by our lawyers for issuing this legal opinion, ensuring that the provided documents are true and accurate, and that scanned copies or photocopies are consistent with the originals, without any false statements, significant omissions, or concealments.
- Our firm agrees that the company will use this legal opinion as one of the necessary documents for implementing this cancellation and will submit it along with other materials to the Shenzhen Stock Exchange for announcement, bearing corresponding legal responsibilities for the issued legal opinion.
- This legal opinion only expresses opinions on domestic legal issues related to this cancellation and does not comment on the reasonableness of the stock value, assessment standards, or other non-legal professional matters involved in this cancellation. Any references to accounting or auditing content are strictly based on reports issued by relevant intermediaries or company explanations and do not imply that our firm has verified or guaranteed the authenticity and accuracy of these contents.
- This legal opinion is only for the purpose of this cancellation and may not be used for any other purpose.
Based on the above, our lawyers hereby issue the following legal opinions in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility: