Legal Opinion from Beijing Merits and Tree Law Firm on the Invalidity of Granted but Unvested Restricted Stocks of Weihai Guangwei Composite Materials Co., Ltd. 2022 Plan
Beijing Merits and Tree Law Firm (hereinafter referred to as "this firm") has been entrusted by Weihai Guangwei Composite Materials Co., Ltd. (hereinafter referred to as "Guangwei Composite" or "the Company") to issue this legal opinion regarding the invalidation of granted but unvested restricted stocks under the 2022 incentive plan (hereinafter referred to as "this equity incentive plan," "this incentive plan," or "this plan"). This opinion is based on the relevant laws, regulations, and normative documents, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Equity Incentives of Listed Companies, and the Shenzhen Stock Exchange GEM Listing Rules.