Legal Opinion on the Repurchase and Cancellation of Certain Restricted Stocks by Shanghai Huahong Jitong Intelligent System Co., Ltd.
Beijing Dentons (Shanghai) Law Firm
To: Shanghai Huahong Jitong Intelligent System Co., Ltd.
Beijing Dentons (Shanghai) Law Firm (hereinafter referred to as "this Firm") has been entrusted by Shanghai Huahong Jitong Intelligent System Co., Ltd. (hereinafter referred to as "Huahong Jitong" or "the Company", stock code 300330) to act as the special legal advisor for the Company's 2020 Restricted Stock Incentive Plan (hereinafter referred to as "the 2020 Incentive Plan" or "this Incentive Plan").
The lawyers of this Firm have issued this legal opinion based on the relevant provisions of 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 (hereinafter referred to as "the Administrative Measures"), the Trial Measures for Equity Incentives of State-controlled Listed Companies (Guo Zi Fa Fen Pei [2006] No. 175) (hereinafter referred to as "the Trial Measures"), and the Guiding Opinions on Promoting Equity Incentives for State-controlled Listed Companies in this City to Promote High-quality Development (Hu Guo Zi Wei Fen Pei [2019] No. 303) (hereinafter referred to as "the Guiding Opinions"), as well as other relevant laws, administrative regulations, and normative documents (hereinafter collectively referred to as "laws, regulations, and normative documents") and the Articles of Association of Shanghai Huahong Jitong Intelligent System Co., Ltd. (hereinafter referred to as "the Articles of Association") and the Draft of the 2020 Restricted Stock Incentive Plan (hereinafter referred to as "the Draft Incentive Plan").