Legal Opinion from Shanghai Junlan Law Firm
Introduction
Shanghai Junlan Law Firm (hereinafter referred to as "this firm") has been entrusted by Xiechuang Data Technology Co., Ltd. (hereinafter referred to as "the company" or "Xiechuang Data") to issue this legal opinion regarding the achievement of conditions for the third vesting period of the initial grant and the second vesting period of the reserved grant under the 2023 Restricted Stock Incentive Plan (hereinafter referred to as "the incentive plan").