Legal Opinion
To: Hainan Ma Automobile Co., Ltd.
Hainan Jinshi Law Firm (hereinafter referred to as "the Firm") is engaged by Hainan Ma Automobile Co., Ltd. (hereinafter referred to as "the Company") to provide legal opinions regarding the 2025 Annual Shareholders' Meeting scheduled for May 13, 2026, at 14:30.
Based on the Company Law of the People's Republic of China and the Articles of Association of the Company, the Firm has conducted a thorough review of the relevant materials and procedures for the shareholders' meeting, including the notice of the meeting, the agenda, and the qualifications of the shareholders.
Meeting Notice and Agenda
- The notice of the meeting is issued in accordance with the Company Law and the Articles of Association.
- The voting will be conducted through a combination of on-site voting and online voting, ensuring compliance with the relevant regulations.
Shareholder Qualifications
- The total number of shareholders eligible to attend the meeting is 1,057, with a total shareholding of 35.2133%.
- The breakdown of shares held by shareholders is as follows:
| Shareholder Type | Number of Shares | Percentage |
|---|---|---|
| Shareholders attending the meeting | 566,943,210 | 34.4723% |
| Other shareholders | 12,187,600 | 0.7411% |
Voting Procedures
- The voting will take place from May 13, 2026, from 9:15 to 15:00.
- The Company will ensure that all voting procedures comply with the relevant laws and regulations.