Template-PRC-Legal-Opinion(法律意见书英文版)

('Attn:[Investors]Address：[Date]Re:LegalOpinionDearSirs,1.WearequalifiedlawyersofthePeople’sRepublicofChina(“PRC”)andarequalifiedtoissueanopiniononthelawsandregulationsofthePRC(this“Opinion”).ForthepurposeofthisOpinion,PRCdoesnotincludetheregionsofHongKong,MacaoandTaiwan.(1)WeareactingasPRCcounselto[](the“Company”),togetherwith[](the“HKCompany”),[](the“DomesticCompany”),and[](the“WFOE”)(collectivelyasthe“Companies”),inconnectionwiththeseriesAprivatefinancingundertheSeriesAPreferredSharePurchaseAgreement(the“SharePurchaseAgreement”)datedasof[Date],amongtheCompanies,[FounderName],aChinesecitizenwithhisIDnumberof[],[FounderName],aChinesecitizenwithherIDnumberof[],(collectivelyasthe“Founders”andeacha“Founder”);and[InvestorA],[InvestorB](collectively,the"Investors",andeachan"Investor")(eacha“Party”andcollectively,the“Parties”).CapitalizedtermsnototherwisedefinedhereinshallhavethemeaningssetforthintheSharePurchaseAgreement.(2)[],[],[](together,the“DomesticShareholders”)aretheholdersofalltheequityinterestsoftheDomesticCompany.2.Asusedherein,(A)“PRCLaw”meansallapplicablelaws,regulations,rules,statutes,orders,decrees,notices,circulars,guidelines,judicialinterpretationsandotherlegislationofthePRCineffectonthedateofthisOpinion;(B)“PRCAuthorities”meansanynational,provincialorlocalgovernmental,regulatoryoradministrativeauthority,agencyorcommissioninthePRC,oranycourt,tribunaloranyotherjudicialbodyinthePRC;(C)“Approvals”meansallapprovals,consents,waivers,sanctions,certificates,authorizations,filings,disclosures,registrations,exemptions,permissions,endorsements,annualinspections,qualifications,permitsandlicensesrequiredbyanyPRCAuthoritiespursuanttoanyPRCLaw.Insoacting,wehaveexaminedtheoriginalsorcopiesofdocumentsprovidedtousbytheCompaniesincluding:(i)theSharePurchaseAgreementattachedheretoasExhibitA,dated[Date]byandamongtheInvestors,theFounders,andtheCompanies,(ii)theShareholdersAgreementattachedheretoasExhibitB,dated[Date]inrespectoftheCompanybyandamongtheInvestors,theFounders,andtheCompanies,(iii)allexhibitsandschedulesattachedthereto(collectivelyreferredtoasthe“TransactionDocuments”);(iv)thecontrollingdocumentsattachedtheretoasExhibitC,includingtheexclusiveserviceagreement,proxyagreement,pledgeagreement,sharetransferoption1agreementtobepreparedandexecutedinaccordancewithSection[]ofSharePurchaseAgreement(collectively,the“ControllingDocuments”);andsuchotherdocuments,agreements,corporaterecords,certificates,resolutions,ApprovalsandotherinstrumentsaswehavedeemednecessaryoradvisableforthepurposeofrenderingthisOpinion,including,withoutlimitation,originalorcopiesofcertificatesissuedbyPRCAuthoritiesandofficersoftheCompanies.3.InexaminationofthedocumentsandforthepurposeofgivingthisOpinion,wehaveassumedwithoutfurtherinquiry:(a)thegenuinenessofallthesignatures,sealsandchopsandtheauthenticityofalldocumentssubmittedtousasoriginals,theconformitywiththeoriginalsofalldocumentssubmittedtousascopies;(b)thedocumentsaspresentedtousremaininfullforceandeffectuptothedateofthisOpinionandhavenotbeenrevoked,amended,variedorsupplemented;(c)thetruthfulness,accuracyandcompletenessofallfactualstatementsinthedocuments.4.Basedonandsubjecttotheforegoingandthequalificationshereof,weareoftheopinionthat:A.CorporateOrganization(i)OrganizationandValidExistenceoftheDomesticCompany.TheDomesticCompanyisdulyorganizedandvalidlyexistingunderPRCLawswithlimitedliability.TheDomesticCompanywasestablishedon[Date]withitsregisteredofficeat[RegisteredAddress],and[FounderName]isitslegalrepresentative.ThebusinesslicenseandarticlesofassociationoftheDomesticCompanyareinfullforceandeffectunder,andincompliancewiththePRCLaws.[],[],and[]arerespectivelytheregisteredholdersof[],[],and[]oftheequityinterestintheDomesticCompany.TheregisteredcapitaloftheDomesticCompanyisRMB[].TheregisteredcapitaloftheDomesticCompanyhasbeendulyauthorizedandfullypaidup,freeandclearofanysecurityinterest,mortgage,pledge,lien,charge,restrictionuponvotingortransfer,oranyotherencumbrance,claimorotherthirdpartyright(an“Encumbrance”).AllApprovalsinthePRCrequiredfortheestablishmentandthemaintenanceoftheenterpriselegalpersonstatusoftheDomesticCompanyhasbeendulyissuedandobtainedandallsuchApprovalsareinfullforceandeffect,havenotbeenrevoked,withdrawn,suspendedorcancelledandarenotsubjecttoanymateriallyburdensomecondition,andtheDomesticCompanyisinfullcompliancewiththeprovisionsofsuchApprovals.Asofthedatehereof,exceptforthesharepledgeandshareoptioncreatedundertheEquityPledgeAgreement,ShareTransferOptionAgreementandtheProxyAgreementdated[Date]byandamongtheDomesticCompany,theWFOE,theDomesticShareholders,therearenooutstandingorauthorizedsubscriptions,2options,warrants,calls,rights,commitments,oranyotheragreementsofanycharacterobligatingtheDomesticCompanytoissue(a)anyadditionalequityinterestor(b)anysecuritiesconvertibleinto,orexchangeablefor,orevidencingtherighttosubscribefor,anyequityinterestandtheDomesticCompanyhasnoobligation(contingentorother)topurchase,redeemorotherwiseacquireanyofitsequitysecuritiesoranyinterestthereinortopayanydividendormakeanyotherdistributioninrespectthereof.(ii)ArticlesofAssociation.TheArticlesofAssociationoftheDomesticCompanyandtheArticlesofAssociationtheWFOEcomplywiththerequirementsofPRCLaw,includingthePRCCompanyLaw,andareinfullforceandeffect.(iii)OrganizationandValidExistenceoftheWFOE.TheWFOEhasbeendulyincorporatedandvalidlyexistsandingoodstandingasawhollyforeignownedenterprise,withlegalpersonstatusandlimitedliabilityunderthePRCLaw,anditsapprovalcertificate,businesslicenseandArticlesofAssociationareinfullforceandeffectunder,andincompliancewith,thePRCLaw.TheWFOEwasestablishedon[Date]withitsregisteredofficeat[Address],and[FounderName]isitslegalrepresentative.TheregisteredcapitaloftheWFOEisUSD[],noneofwhichhasbeenfullypaid.TheentireequityinterestoftheWFOEisownedbytheHKCompany,andsuchequityinterestisfreeandclearofanyEncumbrance.TheWFOEisallowedtopaydividendstotheHKCompanyasitssoleshareholderafterwithholdingallofthetaxes,leviesandchargesandmadestatutorilyrequiredallocationtofundspursuanttothePRCLaw.TheWFOEisallowedtoconvertthedividendsfromRMBintoforeigncurrenciesandtoremitthedividendstotheHKCompanyoutofthePRC,asapprovedbyrelevantPRCAuthorities.Asofthedatehereof,therearenooutstandingorauthorizedsubscriptions,options,warrants,calls,rights,commitments,oranyotheragreementsofanycharacterobligatingtheWFOEtoissue(a)anyadditionalequityinterestor(b)anysecuritiesconvertibleinto,orexchangeablefor,orevidencingtherighttosubscribefor,anyequityinterestandtheWFOEhasnoobligation(contingentorother)topurchase,redeemorotherwiseacquireanyofitsequitysecuritiesoranyinterestthereinortopayanydividendormakeanyotherdistributioninrespectthereof.(iv)Toourbestknowledgeafterdueinquiry,neithertheDomesticCompanynortheWFOEisbeingorthreatenedtobedissolved,liquidated,declaredbankruptorinsolvent,norisitsubjecttoanywindingup,dissolution,bankruptcyorliquidationproceedings(commencedorthreatened),norhaveanyshareholderorboardresolutionsbeenadoptedoranysteporotherproceedingbeentakentodissolve,liquidate,declarebankruptorinsolventtheDomesticCompanyortheWFOE.B.Compliance3(i)NoViolationorDefault.UnlessotherwisedisclosedintheDisclosureSchedule,neithertheDomesticCompanynortheWFOEis(A)inviolationofitsArticlesofAssociation,businessorotherlicenseoranyotherconstitutivedocument;(B)inbreachordefault,andnoeventhasoccurredthatwiththegivingofnoticeorlapseoftimewouldconstituteabreachordefault,inthedueperformanceorobservanceofanyterm,covenantorconditioncontainedinanyindenture,mortgage,deedoftrust,loanagreementorotheragreementorinstrumentwhichwasmadeknowntousinthecourseofourduediligencewitheachoftheDomesticCompanyandtheWFOEandtowhichitisapartyorbywhichitisboundortowhichanyofitspropertyorassetsissubject;or(C)inviolationofanyPRCLawor,tothebestofourknowledgefollowingdueinquiry,anyjudgment,orderorrulingofanyPRCAuthority.(ii)Licenses.TheDomesticCompanyandtheWFOEhaveallApprovalsfromallPRCAuthoritiesrequiredtoconductthebusinessinthePRCascontemplatedintheTransactionDocuments(the“Business”).EachoftheDomesticCompanyandtheWFOEhasthefullpowerandauthorityandhasdulyobtainedallvalidandlawfulApprovalsnecessaryforittoown,lease,license,useandoperatepropertiesandassets,tangibleorintangible,totheextentrequiredbyPRCLaw.TheaboveApprovalsareinfullforceandeffect.ThebusinesscurrentlycarriedoutbytheDomesticCompanyandtheWFOEand/orcontemplatedtobecarriedoutbytheDomesticCompanyandtheWFOEpursuanttotheTransactionDocumentsiswithinthescopeofbusinesspermittedunderitsbusinesslicense.(iii)SAFERegistration.Toourbestknowledge,eachoftheShareholdersoftheCompanywhoisaPRCdomesticresidentasdefinedunderCircular37(asdefinedbelow)hasobtainedpreliminaryoverseasinvestmentforeignexchangeregistrationsinrespectoftheirrespectiveownershipsintheFounderEntities,theCompanyandtheHKSubsidiaryfortheround-tripinvestmentinthePRCpursuanttotheCircularoftheStateAdministrationofForeignExchangeonRelevantIssuesconcerningForeignExchangeAdministrationforDomesticResidentstoEngageinOverseasInvestmentorFinancingandinReturnInvestmentviaSpecialPurposeVehiclesandallapplicablelawsandregulationspromulgatedinconnectionwiththeforegoing(“Circular37”)inconnectionwiththeirshareholdingintheCompany.EachofsuchShareholdersshalldulyupdatetheregistrationfilingswithSAFEunderCircular37,ifapplicable,followingthecompletionofthetransactioncontemplatedintheSharePurchaseAgreement.C.BusinessoftheCompany(i)NoGuarantees.Tothebestofourknowledgeafterdueinquiry,therearenooutstandingguaranteesormaterialcontingentpaymentobligationsoftheDomesticCompanyandtheWFOEinrespectoftheindebtednessofathirdparty.Tothebestofourknowledgeafterdueinquiry,the4DomesticCompanyandtheWFOEarenotliableforanythird-partyliabilities.(ii)IntellectualProperty.TheDomesticCompanyandtheWFOEownorotherwisehavethelegalrightstousethetrademarks,servicemarks,tradenames,proprietarytechnology,copyrights,andotherintellectualpropertycurrentlyemployedbyitinconnectionwiththebusinesscurrentlyoperatedbyit(the“IntellectualProperty”).NeithertheDomesticCompanynortheWFOEhasreceivedanynoticeofinfringementoforconflictwithassertedrightsofotherswithrespecttoanyoftheforegoingwhich,individuallyorintheaggregate,wouldhaveamaterialadverseeffectonsuchDomesticCompanyortheWFOE.(iii)NoLegalProceedings.Therearenolegal,arbitrationorgovernmentalproceedingsbeforeanyPRCAuthoritiespending,tothebestofourknowledgeandfollowingdueinquiry,threatenedorcontemplatedagainsttheDomesticCompanyortheWFOEinvolvingtheproperties,assetsorbusinessof,theDomesticCompanyand/ortheWFOE,which,ifdeterminedadverselytotheDomesticCompanyortheWFOE,would,individuallyorintheaggregate,hasamaterialadverseeffectontheBusiness,assets,orequityinterestintheDomesticCompanyortheWFOE.(iv)TitletoAssets.EachoftheDomesticCompanyandtheWFOEhasgoodandvalidtitletotheassetsownedbyit,freefromanyliens,mortgages,charges,encumbrancesorotherthirdpartyrights.TheDomesticCompanyhasterminateditsLeaseAgreementinrelationtoitscurrentRegisteredOffice.TheDomesticCompanywillsignanewLeaseAgreementafteritdeterminesanewofficewithinthreemonthsuponClosing,andthenchangeitsRegisteredOfficewiththelocalAdministrationofIndustryandCommerceaccordingly.TheWFOEhasvalidandenforceableleaseholdinterestintherealpropertiesrentedbytheWFOE,suchleaseholdinterestisfreefromliensandisfullyprotectedbythetermsoftherelevantleaseagreements,exceptforthosethatwouldnotmateriallyinterferewiththeusemadeandproposedtobemadeofsuchpropertiesbytheWFOE.D.ControllingDocumentsNoViolationorDefault.NoneoftheControllingDocuments(A)violatestherespectiveArticlesofAssociation,businesslicenseoranyotherconstitutivedocumentoftheDomesticCompanyortheWFOE;or(B)violatesanyPRCLawor,anyjudgment,orderorrulingofanyPRCAuthority;and(2)upontheexecutionthereof,alloftheControllingDocumentswillbevalidandbindingobligationsontheDomesticCompanyandtheWFOE,enforceableinaccordancewiththeirrespectivetermsandconditionsunderPRCLawsandthedatingoftheControllingDocumentsafterthedatehereofwillnoteffectthatvalidandbindingnatureofsuchobligations.E.TransactionDocuments5(i)TheTransactionDocumentsandanyandalldocumentsandinstrumentsthereunderincludingthedocumentstobedeliveredatClosingbyeachoftheDomesticCompanyandtheWFOEhavebeendulyexecutedanddeliveredandconstitutelawful,validandbindingobligationsofeachoftheDomesticCompanyandtheWFOE,enforceableinaccordancewiththeirrespectivetermsandconditionsunderPRCLaws.Allnecessarycorporateactionstoauthorizetheexecution,deliveryandperformanceoftheTransactionDocumentsandtheControllingDocumentshavebeendulytakeninaccordancewiththePRCLawsaswellastheArticlesofAssociationofeachoftheDomesticCompanyandtheWFOE.(ii)EachoftheDomesticCompanyandtheWFOEhasthecorporatepower,authorityandlegalrighttoenterinto,execute,deliverandperformitsobligationsundereachoftheTransactionDocumentsandtheControllingDocuments;eachoftheTransactionDocumentstowhichtheDomesticCompanyortheWFOEisapartyconstitutesavalidandenforceablelegalbindingobligationontheDomesticCompanyortheWFOE,asthecasemaybe;eachoftheControllingDocumentstowhichtheDomesticCompanyortheWFOEisaparty,upontheexecutionthereof,willconstituteavalidandenforceablelegalbindingobligationontheDomesticCompanyortheWFOE,asthecasemaybe.(iii)EachFounderhasexecutedeachoftheTransactionDocumentstowhichheorsheisaparty;eachoftheTransactionDocumentstowhichheorsheisapartyconstitutesavalidandenforceablelegalbindingobligationofsuchparty.EachFounderwillexecuteeachoftheControllingDocumentstowhichheorsheisaparty;eachoftheControllingDocumentstowhichheorsheisaparty,upontheexecutionthereof,willconstituteavalidandenforceablelegalbindingobligationofsuchparty.(iv)TheexecutionandperformanceoftheTransactionDocumentsandtheControllingDocumentsbythepartiestheretoare(1)validandenforceableanddonotandwillnot(i)resultinanyviolationoftheprovisionsoftheArticlesofAssociation,businesslicenseorApprovalsoftheDomesticCompanyortheWFOE,or(ii)resultinanyviolationofanyPRCLaws;and(2)arevalidandbindingobligationsonthepartiesthereto,enforceableinaccordancewiththeirrespectivetermsandconditionsunderPRCLaws.(v)TheexecutionandperformancebyeachFounderofhisrespectiveobligationsundereachoftheTransactionDocumentsandtheControllingDocumentstowhichheisapartyandtheconsummationbysuchFounderofthetransactionscontemplatedthereindoesandwillnot:(i)resultinanyviolationoftheprovisionsoftheArticlesofAssociation,businesslicenseorApprovalsoftheDomesticCompanyortheWFOE;(ii)resultinanyviolationofanyPRCLaws.(vi)NofilingsinrespectoftheTransactionDocumentswithanyPRCAuthoritiesarerequiredunderthePRCLawstoensurethelegality,validity,enforceabilityoftheTransactionDocumentsinthePRC.6(vii)NeithertheDomesticCompanynortheWFOEisentitledtoanyimmunityfromanylegalproceedingsorotherlegalprocessorfromenforcement,executionorattachmentinrespectoftheirobligationsinthetransactionscontemplatedunderanyoftheTransactionDocumentsandtheControllingDocuments.(viii)NogovernmentalApprovalisrequiredfortheexecutionortheperformancebytheFounders,theDomesticCompanyortheWFOEoftheirobligationsunderthetransactionscontemplatedbytheTransactionDocumentsandtheControllingDocuments.(ix)ThechoiceoftheStateofNewYorklawasthegoverninglawoftheTransactionDocumentsisavalidchoiceoflawprovisionandwouldberecognizedandgiveneffecttoinanyactionbroughtbeforeacourtofcompetentjurisdictioninthePRC.ThesubmissionbythepartiestotheTransactionDocumentstoarbitrationattheHongKongInternationalArbitrationCentreinaccordingwiththeUNCITRALArbitrationRules(the“UNCITRALRules”)doesnotcontraveneanylawsorregulationsofthePRC,andisvalidandbindingupontheWFOE,theDomesticCompanyandtheFounders.ThecourtsofthePRCwouldrecognizeandenforceafinalandconclusivearbitralawardobtainedinaccordancewiththeTransactionDocumentsagainsttheWFOE,theDomesticCompanyandtheFoundersifsuchawardconformstotherequirementsforarbitralawardstoberecognizedandenforcedassetforthintheArrangementonMutualRecognitionofArbitrationAwardsbetweenMainlandandHongKongSpecialAdministrativeRegion(最高人民法院关于内地与香港特别行政区相互执行仲裁裁决的安排)issuedbytheSupremeCourtofPRC.(x)Nostampdutyorothertaxesorofficialwithholdings,fees,orotherchargesarepayableinthePRCinconnectionwiththeexecution,deliveryorenforcementoftheTransactionsDocuments.5.ThisOpinionissubjecttothefollowingqualifications:(i)ThisOpinionissubjectto(A)applicablebankruptcy,insolvency,fraudulenttransfer,reorganization,moratoriumorsimilarlawsinthePRCaffectingcreditors’rightsgenerally,(B)possiblejudicialoradministrativeactionsoranyPRCLawaffectingcreditors’rightsand(C)certainequitable,legalorstatutoryprinciplesinthePRCaffectingtheenforceabilityofcontractualrightsgenerallyunderconceptsofpublicinterest,interestsoftheState,nationalsecurity,reasonableness,goodfaithandfairdealing,andapplicablestatutesoflimitation.(ii)ThisOpinionrelatesonlytoPRCLawandweexpressnoopinionastoanylawsotherthanPRCLaws.PRCLawasusedinthisOpinionreferstoPRCLawcurrentlyinforceasofthedateofthisOpinionandthereisnoguaranteethatanyofsuchPRCLawwillnotbechanged,amendedorrevokedintheimmediatefutureorinthelongertermwithorwithoutretroactiveeffect.7ThisOpinionisintendedtobeusedinthecontextwhichisspecificallyreferredtohereinandeachparagraphshouldbelookedatasawholeandnopartshouldbeextractedandreferredtoindependently.ThisOpinionissolelyforthebenefitofthepersonstowhomtheyareaddressed.Itmaynotberelieduponbyanyoneelseorusedforanyotherpurpose,ineachinstance,withoutourpriorwrittenconsent.Inaddition,withoutourpriorwrittenconsent,thisOpinionshallnotbedisclosedtoanythirdpartieswhoarenotdirectlyinvolvedintheTransaction.Yourssincerely,[LawyerName][FirmName]8ExhibitASHAREPURCHASEAGREEMENTExhibitBSHAREHOLDERSAGREEMENTExhibitCCONTROLLINGDOCUMENTS',)