Legal Opinion from Beijing Jincheng Tongda (Shanghai) Law Firm on Hangzhou Guangli Microelectronics Co., Ltd.'s 2026 Employee Stock Ownership Plan
Beijing Jincheng Tongda (Shanghai) Law Firm
Legal Opinion
1. Definitions
In this legal opinion, unless otherwise specified, the following terms have the meanings set forth below:
- Guangli Micro: Hangzhou Guangli Microelectronics Co., Ltd.
- Employee Stock Ownership Plan: The 2026 Employee Stock Ownership Plan of Hangzhou Guangli Microelectronics Co., Ltd.
- Draft Employee Stock Ownership Plan: The draft of the 2026 Employee Stock Ownership Plan of Hangzhou Guangli Microelectronics Co., Ltd.
- Management Measures for Employee Stock Ownership Plan: The management measures for the 2026 Employee Stock Ownership Plan of Hangzhou Guangli Microelectronics Co., Ltd.
- Participants: Employees participating in the Employee Stock Ownership Plan.
- Holder Meeting: The meeting of the holders of the Employee Stock Ownership Plan.
- Management Committee: The management committee of the Employee Stock Ownership Plan.
- Company Law: The Company Law of the People's Republic of China.
- Securities Law: The Securities Law of the People's Republic of China.
- Guiding Opinions: The Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies.
- Self-Regulatory Guidelines: The Shenzhen Stock Exchange Self-Regulatory Guidelines No. 2 - Standard Operation of Growth Enterprise Market Listed Companies (2025 Revision).
- Articles of Association: The Articles of Association of Hangzhou Guangli Microelectronics Co., Ltd.
- CSRC: China Securities Regulatory Commission.
- SZSE: Shenzhen Stock Exchange.
- This Firm: Beijing Jincheng Tongda (Shanghai) Law Firm.
- Legal Opinion: The legal opinion on Hangzhou Guangli Microelectronics Co., Ltd.'s 2026 Employee Stock Ownership Plan issued by Beijing Jincheng Tongda (Shanghai) Law Firm.
- Yuan: Renminbi Yuan.
2. Legal Opinion
Beijing Jincheng Tongda (Shanghai) Law Firm has been entrusted by Hangzhou Guangli Microelectronics Co., Ltd. to act as special legal counsel for the implementation of the Employee Stock Ownership Plan. Based on the Company Law, Securities Law, Guiding Opinions, Self-Regulatory Guidelines, and other relevant laws, regulations, and normative documents, as well as the Articles of Association, the firm has conducted a review and verification of the relevant documents and facts involved in the Employee Stock Ownership Plan and issues this legal opinion.