Legal Opinion
To: Fujian Yuanxiang New Materials Co., Ltd.
Beijing DeHeng (Fuzhou) Law Firm (hereinafter referred to as "this firm") has accepted the commission from Fujian Yuanxiang New Materials Co., Ltd. (hereinafter referred to as "the company") to provide a legal opinion regarding the price adjustment of the 2023 restricted stock incentive plan (hereinafter referred to as "the incentive plan") and the conditions for the third vesting period.