Grandway Law Offices
Legal Opinion on the Initial Public Offering and Listing on the Main Board of Ningbo Huikang Industrial Technology Co., Ltd.
Grandway Legal Document No. [2025] AN081-1
GRANDWAY
7th and 8th Floors, News Building, No. 26 Jianguomen Inner Street, Dongcheng District, Beijing, 100005, China
Tel: 010-88004488/66090088 Fax: 010-66090016
Table of Contents
Definitions...2
I. Approval and Authorization for this Issuance and Listing...9
II. The Issuer's Qualification for this Issuance and Listing...9
III. Substantive Conditions for this Issuance and Listing...9
IV. Establishment of the Issuer...12
V. Independence of the Issuer...12
VI. Founders or Shareholders (Actual Controllers) of the Issuer...13
VII. Issuer's Capital and Changes...13
VIII. Business of the Issuer...14
IX. Related Transactions and Industry Competition...14
X. Major Assets of the Issuer...18
XI. Major Debts of the Issuer...18
XII. Significant Changes in the Issuer's Assets and Mergers and Acquisitions...20
XIII. Formulation and Amendment of the Issuer's Articles of Association...20
XIV. Rules of Procedure and Standard Operations of the Issuer's Shareholders' (General) Meetings, Board of Directors, and Supervisory Board...20
XV. Changes in the Issuer's Directors, Supervisors, and Senior Management...21
XVI. Taxation of the Issuer...21
XVII. Environmental Protection, Safety Production, Product Quality, and Technical Standards of the Issuer...21
XVIII. Use of Raised Funds by the Issuer...22
XIX. Business Development Goals of the Issuer...22
XX. Litigation, Arbitration, or Administrative Penalties...22
XXI. Evaluation of Legal Risks in the Issuer's Prospectus...23
XXII. Relevant Commitments and Constraints Related to this Issuance and Listing...23
XXIII. Other Issues that the Lawyers of this Firm Believe Should Be Explained...23
XXIV. Conclusion...24