Legal Opinion
Introduction
Guangdong Xinda Law Firm is a registered law firm in China, qualified to provide legal opinions regarding the interpretation and application of Chinese laws, administrative regulations, and normative documents. This legal opinion is based on the current effective laws, regulations, and normative documents as of the date of issuance, as well as an understanding of the relevant facts concerning the 2022 and 2024 incentive plans. The company has assured Xinda that the documents provided and the statements made are complete, true, and valid, and that all facts and documents that could affect this legal opinion have been disclosed without any concealment or omission. This legal opinion is intended solely for the purpose of implementing the 2022 and 2024 incentive plans and may not be used for any other purpose without prior written permission from Xinda. Xinda agrees to treat this legal opinion as one of the essential legal documents for the company's 2022 and 2024 incentive plans, to be submitted or publicly disclosed along with other application materials, and will bear corresponding legal responsibilities for the opinions expressed herein. Xinda has strictly fulfilled its statutory duties in accordance with the relevant provisions of the Securities Law of the People's Republic of China, the Administrative Measures for Law Firms Engaging in Securities Legal Business, and the Trial Implementation Rules for Law Firms' Securities Legal Business, and has conducted thorough verification to 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 will bear corresponding legal responsibilities.