Hubei S&H Law Firm
Legal Opinion
This legal opinion is for the sole purpose of verifying the legality of the matters related to the Company's current general meeting and may not be used for any other purpose.
In accordance with the business standards, ethical norms, and diligent spirit of the legal profession, the firm's lawyers have conducted necessary investigations and verifications on the relevant matters and documents of this general meeting and attended the meeting. The legal opinion is as follows:
I. Convening and Holding Procedures of the General Meeting
(I) Convening of the General Meeting
This general meeting was convened by the Company's Board of Directors. On June 5, 2026, the Company held the twenty-second meeting of the eleventh session of the Board of Directors, which deliberated and passed the "Proposal on Convening the 2026 First Extraordinary General Meeting." It was decided that the Company would convene the 2026 First Extraordinary General Meeting on June 22, 2026 (Monday). This general meeting would be held through a combination of on-site voting and online voting.
On June 6, 2026, the Company's Board of Directors published the "Notice of Huilv Ecological Technology Group Co., Ltd. on Convening the 2026 First Extraordinary General Meeting" (hereinafter referred to as the "Notice of General Meeting") on the Juchao Information Network and the website of the Shenzhen Stock Exchange, among other information disclosure media designated by the China Securities Regulatory Commission. The Company's Board of Directors specified in the aforementioned meeting notice the convener, the time for the on-site meeting, the time for online voting, the method of convening the meeting, the record date for shareholding, the attendees of the meeting, the location of the on-site meeting, the matters to be deliberated at the meeting, and the registration matters for the meeting. All proposals were fully disclosed in accordance with the provisions of the "Company Law," the "Rules for General Meetings of Listed Companies," and the "Articles of Association." The record date for shareholding for this general meeting was June 15, 2026.
(II) Holding of the General Meeting
This general meeting was held through a combination of on-site voting and online voting.
The on-site meeting was held at 14:30 on June 22, 2026 (Monday) in the conference room of the Company located on the 29th floor of Longhu Qingneng Wuhan Riverside International, No. 705 Heping Avenue, Wuchang District, Wuhan City, Hubei Province. The meeting was presided over by Mr. Li Changming, Chairman of the Company. The proposals and relevant materials for this general meeting were submitted to the shareholders attending the meeting.
The Company provided an online voting platform through the Shenzhen Stock Exchange trading system and the internet voting platform (http://wltp.cninfo.com.cn) for all shareholders. The specific voting times for the Shenzhen Stock Exchange trading system were from 9:15 to 9:25 and 9:30 to 11:30 on the morning of June 22, 2026, and from 13:00 to 15:00 in the afternoon. The specific voting times for the Shenzhen Stock Exchange internet voting system were any time between 9:15 and 15:00 on June 22, 2026.
Upon verification, the firm's lawyers believe that the convening and holding procedures of this general meeting comply with the relevant laws, administrative regulations, normative documents, and the "Articles of Association."
II. Qualifications of Attendees and Convener of the General Meeting
(I) Qualifications of Attendees of the General Meeting
The firm's lawyers have reviewed the shareholder list as of the record date for this general meeting, as well as the shareholding certificates and personal identification documents of the natural person shareholders attending this general meeting. It has been confirmed that there were 2 shareholders and authorized representatives attending the on-site meeting, representing 229,562,294 shares with voting rights, accounting for 29.2375% of the total shares with voting rights.