Supplementary Legal Opinion (V) on the Initial Public Offering and Listing of Wuhan Lide Electric Power Technology Co., Ltd.
Introduction
This supplementary legal opinion is issued by Grandall Law Firm (Wuhan) regarding the initial public offering and listing of Wuhan Lide Electric Power Technology Co., Ltd. (hereinafter referred to as "the Company"). The firm has been appointed as the special legal advisor for this issuance and listing.
Approval and Authorization for the Issuance and Listing
The lawyers have confirmed the approval and authorization from the Company's board of directors and shareholders for this issuance and listing. As of the date of this supplementary legal opinion, these approvals remain valid.
Qualifications for the Issuance and Listing
The lawyers have confirmed that the Company possesses the qualifications necessary for this issuance and listing. The Company is a legally established joint-stock company and its subsidiaries are also legally existing.
Substantial Conditions for the Issuance and Listing
The lawyers have confirmed that the Company meets the substantial conditions for this issuance and listing. The Company has signed a sponsorship agreement with Zhongyuan Securities and has met the requirements set forth in the Securities Law.
Company's Establishment
The establishment of the Company has been disclosed in the legal work report.
Independence of the Company
The independence of the Company has been confirmed, with no changes in its business, assets, or financial independence since the issuance of the previous legal opinions.
Founders and Shareholders
The basic situation of the founders and shareholders has been disclosed. There have been no changes in the shareholding structure since the last legal opinion.
Company's Capital and Evolution
The capital structure of the Company has been disclosed in the legal work report, with no changes since the last legal opinion.
Company's Business
The business operations of the Company remain unchanged, focusing on specialized vehicles and equipment for uninterrupted power operations.
Related Transactions and Competition
The related parties and transactions have been disclosed, with no new significant related parties or changes since the last legal opinion. The Company does not have any competition with its controlling shareholders.
Major Assets of the Company
The major assets of the Company have been disclosed, with no significant changes since the last legal opinion.
Major Debts and Liabilities
The major contracts and debts of the Company have been disclosed, with new credit agreements and bank loans added since the last legal opinion.
Conclusion
This supplementary legal opinion serves as a complement to the previous legal opinions and confirms the Company's compliance with the relevant laws and regulations for its initial public offering and listing.
Supplier Information
| No. | Supplier Name | Procurement Content | Contract Signing Date | Contract Amount (10,000 Yuan) |
|---|---|---|---|---|
| 9 | Liaoning Electric Power Development Co., Ltd. | Insulated Operation Rod Combination Tool | September 30, 2021 | 318.06 |
| 10 | Hubei Zhenxu Vehicle Technology Co., Ltd. | Uninterrupted Power Supply Vehicles | July 29, 2021 | 356.77 |
| 11 | XJ Sanling Special Automobile Co., Ltd. | Power Box Vehicles and Quick Access Devices | November 2, 2021 | 3,714.50 |
| 12 | Zhejiang Tailun Electric Group Co., Ltd. | Uninterrupted Power Supply Vehicles | November 15, 2021 | 510.50 |
| 13 | Hubei Zhenxu Vehicle Technology Co., Ltd. | Uninterrupted Power Supply Vehicles | December 28, 2021 | 958.70 |