Legal Opinion
Weiheng Peixiong (Qianhai) Joint Law Firm
Regarding Megsafe Smart Technology Co., Ltd.'s 2026 Stock Option and Restricted Stock Incentive Plan (Draft)
To: Megsafe Smart Technology Co., Ltd.
Pursuant to the "Special Legal Advisor Engagement Agreement" signed between the Company and Weiheng, Weiheng has accepted the Company's commission to serve as a special legal advisor for this equity incentive plan.
Weiheng, in accordance with the "Company Law," "Securities Law," "Management Measures," "Self-Regulatory Guidelines," "Measures for the Administration of Securities Legal Business of Law Firms," and "Practice Rules for Securities Legal Business of Law Firms (Trial)," as well as relevant laws, administrative regulations, departmental rules, and normative documents, and based on the generally accepted professional standards, ethical norms, and diligent and conscientious spirit of the legal profession, hereby issues this Legal Opinion.
Section 1: Introduction
To prepare this Legal Opinion, Weiheng Law Firm has reviewed the "Incentive Plan (Draft)," "Performance Management Measures," "List of Incentive Recipients," relevant board meeting documents, remuneration and assessment committee meeting documents, and other documents that Weiheng Law Firm deems necessary to review. Information from government departments has also been verified and validated.
Weiheng and Weiheng Law Firm hereby make the following special declarations:
(I) Weiheng Law Firm expresses its legal opinion based on facts that have occurred or existed prior to the issuance date of this Legal Opinion, as well as national laws, administrative regulations, departmental rules, and normative documents that have been officially promulgated and implemented, and based on the usual understanding of such facts and laws within the legal profession.
(II) Weiheng Law Firm, in accordance with the "Company Law," "Securities Law," "Management Measures," "Self-Regulatory Guidelines," "Measures for the Administration of Securities Legal Business of Law Firms," and "Practice Rules for Securities Legal Business of Law Firms (Trial)," and based on facts that have occurred or existed prior to the issuance date of this Legal Opinion, has strictly performed its statutory duties, adhered to the principles of diligence, conscientiousness, and good faith, conducted thorough investigations and verifications, and ensures that the facts identified in this Legal Opinion are true, accurate, and complete, and that the conclusions expressed are legal, accurate, and free from any false statements, misleading representations, or material omissions, and assumes corresponding legal responsibilities.
(III) To ensure the truthfulness, accuracy, and legality of the conclusions in this Legal Opinion, Weiheng Law Firm has investigated the relevant documents and materials and relies on the following commitments from Megsafe Smart Technology: Megsafe Smart Technology has provided Weiheng with all necessary and true original written materials, duplicate materials, photocopies, or oral statements required for the issuance of this Legal Opinion; photocopies of documents provided by Megsafe Smart Technology are consistent with the originals, and duplicate materials are consistent with the originals; all seals and signatures in the documents are authentic; documents provided by Megsafe Smart Technology and related statements are true, accurate, complete, and valid, free from any false statements, misleading representations, or omissions, and do not contain any misleading information; all facts and documents that could affect Weiheng's issuance of this Legal Opinion have been disclosed and provided to Weiheng without any concealment or omission.
(IV) For facts that are crucial to the issuance of this Legal Opinion but cannot be independently verified, Weiheng Law Firm relies on the certifications, statements, responses, or publicly available information from relevant government departments, Megsafe Smart Technology, or other relevant organizations and individuals to make judgments.