Legal Opinion
Introduction
This legal opinion is issued by Qinghai Shuren Law Firm regarding the 2025 Annual Shareholders' Meeting (the "Meeting") of Qinghai Salt Lake Industry Co., Ltd. (hereinafter referred to as "Salt Lake" or "the Company"), which was held on May 22, 2026, at Meeting Room 3, 21st Floor, Wukuang Hairun Hotel, No. 19 Shengli Road, Xining City, Qinghai Province. Qinghai Shuren Law Firm (hereinafter referred to as "the Firm") was entrusted by Salt Lake to appoint lawyers Yang Fuqiang and Zhang Zijie to attend the Meeting and provide legal opinions on related legal matters.
Declaration
The lawyers of the Firm declare as follows regarding the issuance of this legal opinion:
- The Firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Rules for Shareholders' Meetings of Listed Companies (hereinafter referred to as "the Meeting Rules"), the Administrative Measures for Law Firms Engaging in Securities Legal Business, the Practice Rules for Law Firms in Securities Legal Business, and relevant provisions of the Articles of Association of Qinghai Salt Lake Industry Co., Ltd. (hereinafter referred to as "the Articles of Association"), as well as facts that have occurred or existed prior to the issuance date of this legal opinion. They have conducted thorough verification and ensured that the facts stated in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and they bear corresponding legal responsibilities.
- The Firm's lawyers have provided legal opinions on the convening, holding procedures, qualifications of attendees, convenor qualifications, voting procedures, and voting results of the Meeting in accordance with relevant regulations and recognized business standards, ethical norms, and the spirit of diligence and responsibility.
Legal Opinion
- Salt Lake has committed to the Firm that it has provided all necessary, authentic original written materials and copies for the issuance of this legal opinion; the relevant copies or photocopies are consistent with the originals. For facts that are crucial for issuing this legal opinion but cannot be independently verified, the Firm and its lawyers rely on certificates issued by the Company and relevant personnel or other relevant institutions.
- This legal opinion is solely for the purpose of the Meeting and shall not be used for any other purpose. The Firm's lawyers agree that Salt Lake may announce this legal opinion along with other information that needs to be disclosed in accordance with relevant regulations and shall bear corresponding responsibilities under the law.
Main Text
- Convener of the Meeting After verification, the Meeting was convened by the Company's board of directors. The Firm's lawyers believe that, according to the Company Law, the Meeting Rules, and the Articles of Association, the board of directors has the right to convene this Meeting.