Legal Opinion
Definition
In this legal opinion, unless otherwise specified, the following terms have the meanings set forth below:
- This Firm: Zhejiang Tiance Law Firm
- Company/Zhenyu Technology: Ningbo Zhenyu Technology Co., Ltd.
- This Equity Incentive Plan/This Incentive Plan: Ningbo Zhenyu Technology Co., Ltd. 2024 Restricted Stock Incentive Plan
- This Adjustment: The relevant matters regarding the adjustment of the grant price and quantity of the 2024 Restricted Stock Incentive Plan
- "Incentive Plan (Draft)": "Ningbo Zhenyu Technology Co., Ltd. 2024 Restricted Stock Incentive Plan (Draft)"
- "Assessment Management Measures": "Ningbo Zhenyu Technology Co., Ltd. 2024 Restricted Stock Incentive Plan Implementation Assessment Management Measures"
- "Securities Law": "Securities Law of the People's Republic of China"
- "Company Law": "Company Law of the People's Republic of China"
- "Management Measures": "Management Measures for Equity Incentives of Listed Companies"
- "Articles of Association": The currently effective "Articles of Association of Ningbo Zhenyu Technology Co., Ltd."
- "CSRC": China Securities Regulatory Commission
- "SZSE": Shenzhen Stock Exchange
- "China": The People's Republic of China, for the purposes of this legal opinion, excluding the Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan region
- Yuan, Ten Thousand Yuan: Renminbi Yuan, Renminbi Ten Thousand Yuan
Legal Opinion
Legal Opinion No.: TCYJS2026H0899
To: Ningbo Zhenyu Technology Co., Ltd.
Our firm has been entrusted by your company as the specially appointed legal advisor for the 2024 Restricted Stock Incentive Plan. In accordance with the "Securities Law," "Company Law," and other relevant laws and regulations, as well as the "Management Measures" issued by the CSRC and the provisions of the "Articles of Association," we have conducted a review and verification of the relevant documents provided by Zhenyu Technology. We hereby issue this legal opinion regarding the adjustment of the grant price and quantity of the 2024 Restricted Stock Incentive Plan (the "Adjustment").