001267SZSE

Legal Opinion on Huilv Ecology's Repurchase and Cancellation of Part of 2025 Restricted Stock Incentive Plan Shares

Hui Lyu Ecological Technology Groups Co., Ltd.·

✨ AI Summary

This legal opinion reviews Huilv Ecology's repurchase and cancellation of 150,000 restricted shares. The cancellation is due to one employee's inability to perform their job duties, leading to a role change. The repurchase price is set at the original grant price of RMB 4.55 per share, funded by the company's own capital. The process has received necessary approvals and complies with relevant regulations.

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Hubei Chuangzhi Law Firm

Regarding Huilv Ecological Technology Group Co., Ltd.

2025 Restricted Stock Incentive Plan Repurchase and Cancellation of Part of Restricted Stocks

Legal Opinion

HUBEI CHUANG ZHI LAW FIRM

-- Innovation, Pragmatism, Wisdom, and Governance --

23rd Floor, Times No. 1 Office Building, No. 160 Yanjiang Avenue, Jiang'an District, Wuhan, China, Postal Code: 430000

Tel: (027) 85809633 Fax: (027) 85785177

E-mail: chuangzhilawyer@tom.com

April 2, 2026

TABLE OF CONTENTS

Definitions...1 Section I: Declarations...2 Section II: Main Body...4 I. Approval and Authorization for the Repurchase and Cancellation...4 II. Matters Related to the Repurchase and Cancellation...7 III. Conclusion...8 Section III: Signature Page...9

DEFINITIONS

Unless otherwise specified, the following terms shall have the meanings set forth below in this Legal Opinion:

Huilv Ecological, the Company Refers to Huilv Ecological Technology Group Co., Ltd. "Incentive Plan" Refers to Huilv Ecological Technology Group Co., Ltd. 2025 Restricted Stock Incentive Plan (Draft) "Implementation and Assessment Management Measures" Refers to Huilv Ecological Technology Group Co., Ltd. 2025 Restricted Stock Incentive Plan Implementation and Assessment Management Measures This Incentive Plan Refers to The act of implementing this restricted stock incentive plan by Huilv Ecological "Company Law" Refers to "Company Law of the People's Republic of China" "Securities Law" Refers to "Securities Law of the People's Republic of China" "Management Measures" Refers to "Management Measures for Equity Incentives of Listed Companies" "Listing Rules" Refers to "Stock Listing Rules of the Shenzhen Stock Exchange" "Regulatory Guidance No. 1" Refers to "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidance No. 1 - Business Handling" "Articles of Association" Refers to "Articles of Association of Huilv Ecological Technology Group Co., Ltd." CSRC, CSRC Refers to China Securities Regulatory Commission Stock Exchange, SZSE Refers to Shenzhen Stock Exchange This Firm Refers to Hubei Chuangzhi Law Firm Lawyers of this Firm Refers to The lawyers of this Firm assigned to this Incentive Plan Yuan, Ten Thousand Yuan Refers to RMB Yuan, Ten Thousand Yuan

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