Legal Opinion
To: Shenzhen Weiteou New Materials Co., Ltd.
Guangdong Huashang Law Firm (hereinafter referred to as "this Firm") was engaged by Shenzhen Weiteou New Materials Co., Ltd. (hereinafter referred to as "Weiteou" or the "Company") to issue this legal opinion regarding the 2026 Stock Option and Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Equity Incentives of Listed Companies issued by the China Securities Regulatory Commission (CSRC), the Rules Governing the Listing of Securities on the ChiNext Market of the Shenzhen Stock Exchange, and other relevant laws, regulations, and the Articles of Association of the Company.
This Firm and its attorneys have performed their duties in accordance with the Securities Law and relevant professional standards, ensuring that the facts stated in this legal opinion are true, accurate, and complete.
I. Subject Qualifications for the Incentive Plan
(I) Basic Information
Weiteou holds a Business License issued by the Shenzhen Municipal Administration for Market Regulation. The key industrial and commercial registration information is as follows:
| Item | Details |
|---|---|
| Company Name | Shenzhen Weiteou New Materials Co., Ltd. |
| Unified Social Credit Code | 91440300192465506L |
| Address | Weiteou Industrial Park, No. 18 Shuitian 1st Road, Tongle Community, Baolong Street, Longgang District, Shenzhen |
| Legal Representative | Liao Gaobing |
| Registered Capital | 124.234492 million RMB |
| Company Type | Joint Stock Limited Company (Listed, natural person investment or holding) |
| Business Term | January 19, 1998 to long-term |
| Business Scope | General business items: R&D, manufacturing, and sales of electronic special materials; manufacturing and sales of special chemical products (excluding hazardous chemicals); manufacturing and sales of electronic special equipment; production and sales of chemical products (excluding licensed chemical products); processing, manufacturing, and sales of lubricating oil (excluding hazardous chemicals); sales and manufacturing of ink (excluding hazardous chemicals); sales and manufacturing of coatings (excluding hazardous chemicals); sales of high-performance sealing materials; manufacturing and sales of sealing fillers; sales of surface functional materials; sales of synthetic materials; non-ferrous metal rolling processing; non-residential real estate leasing; housing leasing; R&D of new material technology; technical services, development, consulting, exchange, transfer, and promotion; import and export of goods and technology. (For items subject to approval according to law, business activities can only be carried out after approval by relevant departments). Licensed business items: Production of surface treatment agents for electronic components and their new materials; general cargo transportation (operated via Road Transportation Business License); hazardous chemicals business (operated via Hazardous Chemicals Business License, limited to office building 501). |
Based on the documents provided and our verification, the Company is a legally established and validly existing joint stock limited company, with its shares listed on the Shenzhen Stock Exchange under the stock abbreviation "Weiteou" and stock code "301319".
(II) The Company Does Not Fall Under Prohibited Circumstances for Equity Incentives
Based on the 2025 Annual Audit Report issued by Zhongxinghua Certified Public Accountants (Special General Partnership), the Articles of Association, and company confirmation, the Company does not fall under any of the circumstances prohibited by Article 7 of the Administrative Measures:
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The financial accounting report for the most recent fiscal year has been issued with an adverse opinion or a disclaimer of opinion by a certified public accountant.
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The internal control of the financial report for the most recent fiscal year has been issued with an adverse opinion or a disclaimer of opinion by a certified public accountant.
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There has been a failure to distribute profits in accordance with laws, regulations, the Articles of Association, or public commitments within the last 36 months after listing.
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Other circumstances prohibited by laws and regulations.
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Other circumstances recognized by the CSRC.