Core Viewpoint - The legal opinion letter from Allbright Law Offices confirms the compliance of Shandong SD Electric Power Technology Co., Ltd.'s strategic placement of investors in its initial public offering (IPO) on the ChiNext board, ensuring adherence to relevant laws and regulations [1][2][10]. Group 1: Legal Framework and Compliance - The legal opinion is based on various laws and regulations, including the Company Law and Securities Law of the People's Republic of China, ensuring that the strategic placement of investors is conducted in accordance with legal standards [2][3]. - The law firm asserts that the documents and information provided by the involved parties are true, accurate, and complete, with no omissions or misleading statements [3][4]. Group 2: Investor Participation Details - The strategic placement involves the "Xingzheng Asset Management Xinzong Shanda Electric Power No. 1 Employee Strategic Placement Collective Asset Management Plan," which is managed by Xingzheng Securities Asset Management Co., Ltd. [4][6]. - The asset management plan was established specifically for the participation of senior management and core employees of the issuer, qualifying it for the strategic placement [6][9]. Group 3: Financial Commitments and Agreements - The total amount committed by the employee asset management plan for the strategic placement does not exceed 59.7 million yuan, with a maximum of 4.072 million shares to be acquired [9][10]. - The asset management plan has a lock-up period of 12 months from the date of the IPO, during which the acquired shares cannot be sold [9][10]. Group 4: Compliance with Selection Standards - The selection criteria for investors participating in the strategic placement align with the regulations set forth in the Management Measures and Implementation Rules, confirming the legitimacy of the investor's participation [10][11]. - The legal opinion concludes that there are no prohibited circumstances as outlined in the Implementation Rules regarding the allocation of securities to the participating investors [11].