Guangdong Xinda Law Firm
Legal Opinion on Lansi Technology Co., Ltd. Regarding the 2026 Restricted Stock Incentive Plan (Draft)
To: Lansi Technology Co., Ltd.
Guangdong Xinda Law Firm (hereinafter referred to as "Xinda") has been commissioned by Lansi Technology Co., Ltd. (hereinafter referred to as "the Company") to provide a legal opinion regarding the 2026 restricted stock incentive plan (hereinafter referred to as "the Plan"). Based on the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," and the "Regulations on the Administration of the Securities Issuance," as well as other relevant laws and regulations, we hereby issue this legal opinion.
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Xinda believes that the legal opinion herein is based on the facts that have been established and the current legal environment in China. The firm does not express opinions on legal issues outside of the jurisdiction of the People's Republic of China.
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Xinda has carefully reviewed the Plan and the relevant documents provided by the Company. The Company has confirmed that it has complied with the necessary procedures for the approval of the Plan.
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The main content of the Plan includes the following:
| Item | Description |
|---|---|
| Total Shares | 85,570,000 shares of A-shares |
| Total Share Capital | Approximately 1.621% of the total share capital |
| First Grant | 78,633,700 shares |
| Second Grant | 62,906,960 shares |
| Total Shares for Incentive Plan | 17,113,932 shares |
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The Plan aims to establish a mechanism for the long-term development of the Company, enhancing the Company's ability to attract and retain talent.
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The legal opinion confirms that the Plan complies with the relevant laws and regulations, and the Company has the necessary authority to implement the Plan.
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The Company will ensure that the implementation of the Plan is conducted in accordance with the established procedures and regulations.
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The legal opinion is valid as of the date of issuance and is subject to changes in laws and regulations.