Beijing Junhe (Hangzhou) Law Firm Legal Opinion on the 2025 Annual Shareholders' Meeting of Hangzhou Chuhuan Technology Co., Ltd.
To: Hangzhou Chuhuan Technology Co., Ltd.
Beijing Junhe (Hangzhou) Law Firm (hereinafter referred to as "this Firm") has been entrusted by Hangzhou Chuhuan Technology Co., Ltd. (hereinafter referred to as "the Company") to issue this legal opinion in accordance with the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Rules for Shareholders' Meetings of Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as "the Shareholders' Meeting Rules"), and other applicable laws, administrative regulations, rules, normative documents, and the current effective Articles of Association of Hangzhou Chuhuan Technology Co., Ltd. (hereinafter referred to as "the Articles of Association") in the People's Republic of China (hereinafter referred to as "China," for the purpose of this legal opinion, excluding the Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan region). The Firm's lawyers attended the Company's 2025 Annual Shareholders' Meeting scheduled for June 1, 2026 (hereinafter referred to as "this Shareholders' Meeting") and issued this legal opinion regarding matters related to this Shareholders' Meeting.
To issue this legal opinion, the Firm's lawyers reviewed the following documents provided by the Company, including but not limited to:
- The current effective Articles of Association of Hangzhou Chuhuan Technology Co., Ltd.;
- The announcement of the resolution of the sixth meeting of the third board of directors published on April 29, 2026, on the Shenzhen Stock Exchange website;
- The notice of the 2025 Annual Shareholders' Meeting published on May 8, 2026, on the Shenzhen Stock Exchange website (hereinafter referred to as "the Notice of the 2025 Annual Shareholders' Meeting");
- The decision of the Chairman regarding matters related to the 2025 Annual Shareholders' Meeting;
- The shareholder register as of the record date for this Shareholders' Meeting;
- The attendance registration records and supporting documents of shareholders present at the meeting;
- The statistical results of the online voting situation provided by the Company;
- The announcements and documents related to the proposals for this Shareholders' Meeting;
- Other meeting documents.
The Company has assured this Firm that it has disclosed all facts that may affect the issuance of this legal opinion and provided all original written materials, copies, and commitments required by this Firm for issuing this legal opinion, with no concealment, false statements, or significant omissions. The documents and materials provided by the Company to this Firm are true, accurate, complete, and valid, and if the documents are copies or reproductions, they are consistent with the originals.
In this legal opinion, this Firm only expresses opinions on the convening and holding procedures of this Shareholders' Meeting, the qualifications of the attendees, the qualifications of the convener, and whether the voting procedures and results comply with relevant laws, administrative regulations, the Shareholders' Meeting Rules, and the Articles of Association. This Firm does not express opinions on the content of the proposals reviewed at this Shareholders' Meeting or the truthfulness and accuracy of the facts or data expressed in those proposals. This Firm only expresses opinions based on current effective Chinese laws and regulations and does not express opinions based on any foreign laws.
This Firm has strictly fulfilled its statutory duties based on the aforementioned laws, administrative regulations, rules, normative documents, and the relevant provisions of the Articles of Association, and has conducted sufficient verification of the matters related to this Shareholders' Meeting in accordance with the principles of diligence and good faith, ensuring that the facts determined in this legal opinion are true, accurate, and complete, and that the conclusive opinions expressed in this legal opinion are legal and accurate, with no false records, misleading statements, or significant omissions, and assumes corresponding legal responsibilities.