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Legal Opinion on the First Grant of Restricted Stock Incentive Plan of Wankai New Materials Co., Ltd. for 2026

Wankai New Materials Co., Ltd.··6 pages

✨ AI Summary

This document provides a legal opinion regarding the first grant of the restricted stock incentive plan for Wankai New Materials Co., Ltd. in 2026. Key decisions include approvals from the board and shareholders on specific dates. The plan aims to incentivize employees and align their interests with those of the company.

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Full Translation

AI Translation· azure_openai

Beijing King & Wood (Hangzhou) Law Firm

To: Wankai New Materials Co., Ltd.

This legal opinion is issued by Beijing King & Wood (Hangzhou) Law Firm regarding Wankai New Materials Co., Ltd. (hereinafter referred to as "the Company"). The Company plans to implement the 2026 restricted stock incentive plan (hereinafter referred to as "the Plan"). Based on the relevant laws and regulations of the People's Republic of China (hereinafter referred to as "China"), we provide the following legal opinions regarding the first grant of the Plan.

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