Grandall Law Firm (Nanjing)
Regarding Nanjing Public Development Co., Ltd. 2025 Annual Shareholders Meeting
Legal Opinion Letter
To: Nanjing Public Development Co., Ltd.
Based on the Company Law of the People's Republic of China (hereinafter referred to as "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "Securities Law"), and the regulations of the Shanghai Stock Exchange, Grandall Law Firm (Nanjing) (hereinafter referred to as "this Firm") has been retained by Nanjing Public Development Co., Ltd. (hereinafter referred to as "the Company") to provide legal advice regarding the 2025 annual shareholders meeting. This letter outlines the relevant legal provisions and the procedures for convening the meeting, as well as the legal opinions expressed herein.
1. Notice of the Shareholders Meeting
The Company will hold its annual shareholders meeting on April 28, 2026. The notice was published on the China Securities Journal and the Cninfo website (http://www.cninfo.com.cn) regarding the 2025 annual shareholders meeting. The notice clarifies the time, location, and agenda of the meeting.
The meeting will take place on May 20, 2026, at 14:00 at the Nanjing International Exhibition Center. The registration for the meeting will be conducted through the online voting system, and the voting period will be from May 20, 2026, 9:15 to 9:30.
2. Shareholders and Voting Results
(1) Shareholders Present at the Meeting
| Item | Number of Shares Held | Percentage of Total Shares |
|---|---|---|
| Present in person | 310,655,447 | 54.0820% |
| Via online voting | 7,233,400 | 1.2593% |
| Total | 317,888,847 | 55.3412% |