Grandall Law Firm (Shenzhen)
Legal Opinion on the 2026 Restricted Stock Incentive Plan (Draft) of Meixin Technology Co., Ltd.
Reference No.: GLG/SZ/A3273/FY/2026-778
To: Meixin Technology Co., Ltd.
Grandall Law Firm (Shenzhen) (hereinafter referred to as "this Firm") was engaged by Meixin Technology Co., Ltd. (hereinafter referred to as "Meixin Technology" or the "Company") to act as the special legal counsel for the Company's 2026 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan" or the "Plan"). This Firm has conducted an investigation and verification of the relevant documents provided by the Company 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 on Equity Incentives of Listed Companies issued by the China Securities Regulatory Commission, and the Guidelines No. 1 for Self-Regulation of Listed Companies on the ChiNext Market of the Shenzhen Stock Exchange — Business Handling (2026 Revision), and in accordance with recognized professional standards, ethical norms, and the spirit of diligence.
This Firm hereby makes the following declarations:
-
This Firm and its attorneys have strictly performed their statutory duties and adhered to the principles of diligence and good faith in accordance with the Company Law, the Securities Law, the Administrative Measures, and other regulations, as well as the facts that occurred or existed prior to the date of this legal opinion. We have fully verified the legality and compliance of the Company's Incentive Plan to ensure that this legal opinion contains no false records, misleading statements, or major omissions.
-
This Firm consents to this legal opinion being used as a necessary legal document for the Company's Incentive Plan and being submitted along with other materials, and assumes legal responsibility for the legal opinions expressed herein. This Firm consents to the Company citing relevant content from this legal opinion in documents prepared for the implementation of the Incentive Plan, provided that such citations do not lead to legal ambiguity or misinterpretation. This Firm reserves the right to review and confirm the relevant content in such documents.
-
To issue this legal opinion, the Company has guaranteed that it has provided this Firm with all necessary, true, and valid original written materials, copies, or oral testimony. The signatures and/or seals on the relevant materials are true and valid, and the copies or duplicates are consistent with the originals, with no false content or major omissions.
-
For facts that are crucial to this legal opinion but cannot be supported by independent evidence, this Firm relies on explanations or certificates issued by relevant government departments, the Company, or other relevant units to make judgments.
-
This Firm provides opinions only on legal issues related to the Company's Incentive Plan and does not express opinions on the reasonableness of the underlying stock value, performance appraisal standards, or other non-legal professional matters such as accounting and finance. The citation of relevant financial data or conclusions in this legal opinion does not imply any express or implied guarantee by this Firm regarding the truthfulness and accuracy of such data or conclusions. This Firm does not possess the appropriate qualifications to verify or evaluate such data and conclusions.
This legal opinion is intended solely for the purpose of the Company's Incentive Plan and shall not be used for any other purpose.
This Firm, in accordance with recognized professional standards, ethical norms, and the spirit of diligence, has verified the relevant documents and facts provided by the Company and hereby issues the following legal opinion:
Table of Contents
-
Definitions: 4
-
Main Text: 6
I. Subject Qualifications for the Incentive Plan: 6
II. Legality and Compliance of the Incentive Plan: 7
III. Statutory Procedures to be Performed for the Incentive Plan: 23
IV. Determination of Participants in the Equity Incentive Plan: 24
V. Information Disclosure Obligations Related to the Incentive Plan: 25
VI. The Company Has Not Provided Financial Assistance to Participants: 26
VII. Impact of the Equity Incentive Plan on the Company and All Shareholders: 26
VIII. Abstention of Interested Directors: 27
IX. Conclusion: 27