悍高集团: 国浩律师（上海）事务所关于参与战略配售投资者核查事项的法律意见书

Core Viewpoint - The legal opinion issued by Grandall Law Firm (Shanghai) confirms the compliance of Hanhigh Group Co., Ltd.'s strategic placement of shares during its initial public offering (IPO) with relevant regulations and standards [1][10][19] Group 1: Strategic Investor Overview - The strategic investors for Hanhigh Group's IPO include senior management and core employees participating through a special asset management plan named "Guotai Junan Junxiang Hanhigh Group No. 1 Strategic Placement Collective Asset Management Plan" [4][9] - The total number of shares allocated for this strategic placement is 4,001,000 shares, representing 10% of the total shares issued in the IPO, with a maximum subscription amount of 75 million yuan [13][14] Group 2: Compliance and Legal Framework - The legal opinion is based on the Securities Law, Management Measures, Registration Measures, Implementation Rules, and other relevant regulations, ensuring that the strategic investors meet the selection criteria and qualifications [2][10][16] - The asset management plan has been legally established and registered with the China Securities Investment Fund Industry Association, complying with the regulations set forth by the China Securities Regulatory Commission [10][17] Group 3: Investor Selection and Funding Sources - The selection criteria for strategic investors include strong financial capability and recognition of the issuer's long-term investment value, with all participating investors being senior management or core employees of Hanhigh Group [15][16] - The funds used for the investment in the strategic placement come from the personal assets of the participants, ensuring no improper benefits are transferred between the investors and the issuer [11][17] Group 4: Strategic Placement Agreement - A strategic placement agreement has been signed between the issuer and the selected investors, detailing subscription amounts, payment terms, and rights and obligations of both parties [18][19] - The agreement complies with the Civil Code of the People's Republic of China and other legal requirements, ensuring its legality and effectiveness [19]