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Legal Opinion on Xiangtan Yongda Machinery Manufacturing Co., Ltd.'s 2026 First Extraordinary Shareholders' Meeting

Yongda Co., Ltd.·

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Hunan Qiyuan Law Firm provided a legal opinion for Xiangtan Yongda Machinery Manufacturing Co., Ltd.'s first extraordinary general meeting of shareholders in 2026. The meeting, held on April 30, 2026, had 106 shareholders representing 136,584,425 shares, accounting for 56.91% of total shares. Key proposals regarding the issuance of shares and cash payment for asset acquisition were approved, with voting results showing over 98% in favor for each proposal.

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Hunan Qiyuan Law Firm
Regarding
Xiangtan Yongda Machinery Manufacturing Co., Ltd.
Legal Opinion for the First Extraordinary General Meeting of Shareholders in 2026
April 2026

To: Xiangtan Yongda Machinery Manufacturing Co., Ltd.

| | Hunan Qiyuan Law Firm (hereinafter referred to as "the Firm") accepts the entrustment of Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company"), appointing the Firm's lawyers to attend the Company's first extraordinary general meeting of shareholders in 2026 (hereinafter referred to as "this General Meeting"), to provide on-site legal witness and issue this legal opinion. | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | The Firm's lawyers issue this legal opinion based on the following commitments made by the Company: all original documents provided to the Firm's lawyers and copies verified by the Firm's lawyers as consistent with the originals are true, complete, and reliable. To issue this legal opinion, the Firm's lawyers have legally reviewed the following materials provided by the Company: | | 1. Announcements related to this General Meeting published on the Shenzhen Stock Exchange website (http://www.szse.cn); | | 2. Identification documents of shareholders or their proxies attending the meeting, proof of shareholding, and power of attorney; | | 3. The shareholder register on the record date for this General Meeting, attendance registration records of shareholders present at the meeting, and related materials; | | 4. Meeting documents and voting materials for this General Meeting. |

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Legal Opinion on Xiangtan Yongda Machinery Manufacturing Co., Ltd.'s 2026 First Extraordinary Shareholders' Meeting — Yongda Co., Ltd. | SZSE Releases