Translator：Zhang Xiaotong

In March 2024, Landing Law Offices was entrusted by Hi-trend Technology (Shanghai) Co., Ltd. (referred to as "Hi-trend") to provide specialized legal services for its restricted stock incentive plan. The specific project information is as follows:

Hi-trend, with the securities code 688391, was established in May 2005 and listed on the Shanghai Stock Exchange's Science and Technology Innovation Board on September 13, 2022. It is a high-tech enterprise dedicated to the design, development, and sales of integrated circuits (IC), with main products including measurement chips related to smart meters, MCUs, and power line carrier chips, providing related technical consulting and services to customers. Hi-trend is headquartered in the Zhangjiang High-tech Park in Shanghai, with research and sales centers in Nanjing and the Lingang Special Area in Shanghai. Since its establishment, Hi-trend has assembled a professional team with many years of experience in IC design and development, focusing on chip technology and the application of products related to smart meters. With leading technological accumulation and strong R&D capabilities, Hi-trend has launched high-performance, high-quality, and mature solutions in the fields of electric energy metering, MCUs, and power line carrier communication, which have been widely recognized by the market and users, achieving a leading market position domestically.

Lawyer Zhang Xiaoying's team collaborated with Lawyer Chen Zhijian to conduct a thorough examination and verification of relevant matters related to Hi-trend's 2024 restricted stock incentive plan in accordance with relevant laws and regulations, and issued a legal opinion. With their diligent attitude, professional knowledge, and rich practical experience, they have gained the trust and full affirmation of the client.

Lawyer Profile:

Zhang Xiaoying

Senior Partner, Landing Law Offices

Areas of Expertise:

Engaged in capital markets, mergers and acquisitions, fund, and corporate legal affairs for a long time; provided specialized legal services for many companies in the New Third Board listing, mergers and acquisitions, listed company equity incentives, and fund establishment, and served as legal counsel for many companies.

Contact Information:

xiaoying.zhang@landinglawyer.com

13621602486

Liu Huan

Team Lawyer, Landing Law Offices

Areas of Expertise:

Mainly engaged in capital markets, mergers and acquisitions, and fund legal affairs, with specialized experience in providing legal services for equity incentives, due diligence, and legal counseling for enterprises.

Fei Jiabei

Team Lawyer, Landing Law Offices

Areas of Expertise:

Mainly engaged in capital markets, corporate compliance operations, investment and financing, mergers and acquisitions, with specialized experience in providing legal services for structural governance, equity incentives, due diligence, and other legal affairs for enterprises.

Chen Zhijian

Team Lawyer, Landing Law Offices

Areas of Expertise:

Mainly engaged in private equity fund investment and financing legal services and corporate compliance operations, with in-depth research in enterprise investment and financing, governance structure, labor law, and other aspects.