300540SZSE

Legal Opinion of Beijing Zhonglun Law Firm on the Repurchase and Cancellation of Part of the Restricted Stock of Sichuan Shudao Equipment Technology Co., Ltd.

✨ AI Summary

This legal opinion confirms the procedures and compliance regarding Sichuan Shudao Equipment Technology Co., Ltd.'s repurchase and cancellation of 1,967,280 restricted shares due to unmet performance targets. The repurchase was approved by the board on March 27, 2026, and requires shareholder approval and compliance with relevant laws. The repurchase price is set at 6.76 yuan per share, funded entirely by the company's own funds.

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Full Translation

AI Translation· azure_openai
  1. Legal Opinion

To: Sichuan Shudao Equipment Technology Co., Ltd.

Beijing Zhonglun Law Firm has been entrusted to act as the special legal advisor for matters related to the equity incentive plan of Sichuan Shudao Equipment Technology Co., Ltd. Our firm and the handling lawyers have issued this legal opinion based on facts that occurred or existed prior to the issuance date of this legal opinion, as well as current laws, regulations, and relevant provisions of the China Securities Regulatory Commission. The company guarantees that it has provided all necessary, authentic original written materials, copies, or oral testimonies that our lawyers deem necessary for issuing this legal opinion, and that all facts and documents that could influence this legal opinion have been disclosed without concealment, falsehood, or misleading information. The company guarantees that the aforementioned documents and testimonies are true, accurate, and complete, and that all signatures and seals on the documents are authentic, with copies consistent with the originals. This legal opinion is solely for the purpose of the company's implementation of this grant and shall not be used for any other purpose. Our lawyers agree to assume responsibility for the legal opinions issued in accordance with the law.

According to the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Equity Incentives of Listed Companies (hereinafter referred to as the "Administrative Measures"), and the Listing Rules for Growth Enterprise Market Stocks of the Shenzhen Stock Exchange, we provide the following legal opinions:

1. Approval and Authorization of the Repurchase and Cancellation

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