JunZeJun Law Offices
China Guangdong Province Shenzhen City Futian District Jintian Road No. 4028 Rongchao Economic and Trade Center Floors 28, 29 Postal Code: 518035 28&29 Floor, Landmark, No.4028 Jintian Road, Futian District, Shenzhen 518035, P.R.C. Tel: 0755-33988188 Fax: 0755-33988199 http://www.junzejun.com
Beijing JunZeJun (Shenzhen) Law Firm Legal Opinion on the Cancellation of Part of the 2021 Stock Option Incentive Plan of Wote New Materials Co., Ltd.
To: Wote New Materials Co., Ltd.
Beijing JunZeJun (Shenzhen) Law Firm (hereinafter referred to as "the Firm") has been appointed by Wote New Materials Co., Ltd. (hereinafter referred to as "the Company" or "Wote Shares") as the special legal counsel for the Company's 2021 Stock Option Incentive Plan (hereinafter referred to as the "Current Incentive Plan"). Based on the current effective "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," the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Measures"), and other relevant laws, regulations, rules, and normative documents, as well as the provisions of the Articles of Association of Wote New Materials Co., Ltd., this Legal Opinion is hereby issued regarding the cancellation of part of the stock options under the Current Incentive Plan (hereinafter referred to as the "Current Cancellation").
In order to issue this Legal Opinion, the Firm's lawyers hereby declare:
- The Firm, in accordance with the "Company Law," the "Administrative Measures for Law Firms Engaging in Securities Legal Business," and the "Practice Rules for Law Firms Engaging in Securities Legal Business (Trial)," and based on the 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, responsibility, and good faith, conducted verification and confirmation, and ensured that the facts determined in this Legal Opinion are true, accurate, and complete, and that the conclusions made are legal and accurate, free from any false statements, misleading omissions, or significant omissions, and the Firm assumes corresponding legal liability.