Legal Opinion
Legal Opinion on the Second Extraordinary Shareholders' Meeting of Hengdian Group Dongci Co., Ltd.
Zhejiang Tianche Law Firm
Address: 11th Floor, A Block, Huanglong Century Plaza, 1 Hangda Road, Hangzhou, Zhejiang Province, 310007
Phone: 0571-87901111
Fax: 0571-87901500
Legal Opinion No.: TCYJS2025H2080
To: Hengdian Group Dongci Co., Ltd.
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"), and the Rules for Shareholders' Meetings of Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as the "Shareholders' Meeting Rules"), Zhejiang Tianche Law Firm (hereinafter referred to as "this Firm") has been entrusted by Hengdian Group Dongci Co., Ltd. (hereinafter referred to as "Hengdian Dongci" or "the Company") to appoint lawyers from this Firm to attend the second extraordinary shareholders' meeting of Hengdian Dongci in 2025 and issue this legal opinion. This legal opinion is for the purpose of the second extraordinary shareholders' meeting of Hengdian Dongci in 2025. The lawyers from this Firm agree to disclose this legal opinion along with other information related to the shareholders' meeting.
In accordance with the requirements of the Shareholders' Meeting Rules, and adhering to the recognized business standards, ethical norms, and diligent spirit of the legal profession, the lawyers from this Firm have conducted necessary verification and validation of the relevant matters and documents involved in this shareholders' meeting, attended the second extraordinary shareholders' meeting of Hengdian Dongci in 2025, and hereby provide the following legal opinions:
- Procedures for Convening and Holding the Meeting
(1) Upon verification by the lawyers from this Firm, the second extraordinary shareholders' meeting of Hengdian Dongci was proposed and convened by the Board of Directors. The notice for the meeting was announced on November 26, 2025, in the Securities Times and on the designated media of the Company. The agenda for this shareholders' meeting includes:- Proposal on the estimated guarantee limits for the Company and its subsidiaries for the year 2026;
- Proposal on the estimated limits for daily related transactions for the year 2026;
- Proposal on the application for credit limits from financial institutions for the year 2026;
- Proposal on adjusting the financial assistance interest rates to subsidiaries and related transactions.