Legal Opinion from Grandall Law Firm (Shanghai)
Grandall Law Firm (Shanghai)
25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China, 200085
TEL: (8621) 5234-1668
FAX: (8621) 5234-1670
Regarding the Legal Opinion on the 2025 Annual Shareholders' Meeting of Newland Digital Technology Co., Ltd.
To: Newland Digital Technology Co., Ltd.
Grandall Law Firm (Shanghai) (hereinafter referred to as "this firm") has been entrusted by Newland Digital Technology Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers from this firm to attend the Company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "this Shareholders' Meeting"). The lawyers from this firm have issued a legal opinion regarding the legality of the convening and holding procedures of this Shareholders' Meeting, the qualifications of attendees, the qualifications of the convener, the voting procedures, and the voting results, based on the provisions of the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Rules for Shareholders' Meetings of Listed Companies (hereinafter referred to as "the Shareholders' Meeting Rules"), and other relevant laws, regulations, departmental rules, normative documents, and the Articles of Association of Newland Digital Technology Co., Ltd. (hereinafter referred to as "the Articles of Association").
The lawyers from this firm make the following statements regarding the issuance of this legal opinion:
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This firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Administrative Measures for Securities Legal Services by Law Firms, and the Practice Rules for Securities Legal Services by Law Firms (Trial), and have conducted thorough verification of facts that occurred or existed prior to the issuance date of this legal opinion. They have ensured that the facts stated in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, with no false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.
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The lawyers from this firm have conducted necessary verifications regarding the matters related to this Shareholders' Meeting in accordance with the requirements of the Shareholders' Meeting Rules. The lawyers only express opinions on the legality of the convening and holding procedures of this Shareholders' Meeting, the qualifications of the convener and attendees, the voting procedures, and the voting results, and do not express opinions on the content of the proposals reviewed at this Shareholders' Meeting or the truthfulness, accuracy, and completeness of the facts or data stated in such proposals.
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The lawyers from this firm cannot witness the online voting process, and the qualifications of shareholders participating in the online voting and the results of the online voting are certified by the respective securities exchange trading system and internet voting system.
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The lawyers from this firm have not authorized any unit or individual to interpret or explain this legal opinion.