300872SZSE

Legal Opinion of AllBright Law Offices on the Cancellation of Partially Granted but Unvested Restricted Shares under Tianyang Hongye Technology Co., Ltd.'s 2025 Restricted Share Incentive Plan

Tansun Technology Co., Ltd.··9 pages

✨ AI Summary

This legal opinion addresses the cancellation of 3.7 million restricted shares granted under Tianyang Hongye Technology Co., Ltd.'s 2025 Incentive Plan. The cancellation is due to the failure to meet the first vesting period's performance targets for the 2025 fiscal year. The decision aligns with the plan's provisions and relevant regulations.

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Full Translation

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Legal Opinion

To: Tianyang Hongye Technology Co., Ltd.

Pursuant to the legal services agreement signed between our firm and the Company, our firm has appointed lawyers to provide specialized legal services for the Company's 2025 Restricted Share Incentive Plan. In accordance with the provisions of relevant laws, regulations, and normative documents such as the "Company Law," "Securities Law," "Management Measures," "Administrative Measures for Securities Law Firms Engaging in Securities Legal Business," and "Practice Rules for Securities Legal Business of Law Firms (Trial)," as well as the "Articles of Association," and adhering to the generally accepted professional standards, ethical norms, and diligence requirements of the legal profession, we have conducted our investigation based on facts and issued this legal opinion.

For the purpose of issuing this legal opinion, the lawyers of our firm make the following statements:

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