Legal Opinion
Kangda Law Firm
This Legal Opinion is issued by Kangda Law Firm at the request of the Issuer as special legal counsel for the targeted private placement of shares. Based on the examination of the relevant materials provided by the Issuer and in accordance with the relevant provisions of current laws, regulations, and normative documents such as the Company Law, Securities Law, Registration Management Measures, Listing Rules, and the Measures for the Administration of Securities Legal Business of Law Firms, and the Practice Rules for Securities Legal Business of Law Firms, and the Reporting Rules for Publicly Issued Securities Information Disclosure No. 12, this Legal Opinion is hereby issued in accordance with the generally accepted business standards, ethical norms, and diligent and conscientious spirit of the legal profession.
The law firm and its lawyers hereby make the following special statement:
The law firm's lawyers only express legal opinions based on facts that have occurred or existed prior to the issuance date of this Legal Opinion. The law firm's lawyers' determination of the legality, compliance, and authenticity of the matters examined is based on current effective (or effective at the time of the event) laws, regulations, normative legal documents, and approvals and confirmations issued by government authorities. The law firm's lawyers' judgments are based on documents obtained directly from public institutions such as national authorities, organizations with public affairs management functions, accounting firms, asset appraisal firms, credit rating agencies, and notary offices, as well as materials transcribed and copied by the law firm's lawyers from the aforementioned public institutions and confirmed by those institutions; for documents not obtained directly from the aforementioned public institutions, or materials transcribed and copied by the law firm's lawyers from the aforementioned public institutions but not confirmed by those institutions, the law firm's lawyers have conducted necessary verification and validation.
The law firm's lawyers shall only exercise special diligence obligations as legal professionals with respect to legal matters and ordinary diligence obligations for other business matters. The law firm's lawyers are not qualified to make professional judgments on non-legal matters such as accounting, auditing, and asset appraisal. The law firm's lawyers' expression of legal opinions based on documents obtained directly from accounting firms and asset appraisal firms does not constitute any express or implied guarantee of the authenticity, accuracy, or completeness of the data and conclusions in those documents.
The law firm's lawyers have strictly performed their statutory duties, adhered to the principles of diligence and good faith, and ensured that the facts identified in this Legal Opinion are true, accurate, and complete, and that the conclusions expressed are legal and accurate. This Legal Opinion does not contain any false records, misleading statements, or major omissions. The law firm's lawyers shall be legally responsible for the issuance of this legal opinion.
The Issuer and the parties who have accepted the inspection of the law firm's lawyers have guaranteed to the law firm that the written materials or oral statements provided by them are true, accurate, and complete, that the copies of relevant materials are consistent with the originals, and that any documents or facts provided do not contain false records, misleading statements, or major omissions.
This Legal Opinion is for the sole purpose of the Issuer's use in this issuance and shall not be used for any other purpose.
The law firm's lawyers agree that this Legal Opinion and the "Lawyer's Work Report" will be submitted together with other application documents as mandatory legal documents for the Issuer's application for this targeted private placement of shares, and the law firm will bear the corresponding legal responsibility for the issuance of the legal opinion. If the application documents are modified or if feedback is received that affects this Legal Opinion and/or the "Lawyer's Work Report," the law firm will issue a supplementary legal opinion as required.