002058SZSE

Legal Opinion on the Implementation of Major Asset Purchase and Related Transactions of Shanghai Weitai Industrial Automation Co., Ltd.

*ST Weir Co., Ltd.·October 8, 2025

✨ AI Summary

This legal opinion confirms the completion of Shanghai Weitai's acquisition of 51% of Shanghai Zijiang New Materials Co., Ltd. for a total payment of approximately 278.39 million RMB. The transaction received all necessary approvals and was executed without discrepancies from prior disclosures. The opinion also states that there were no changes in the management of the acquired company and no misuse of funds during the transaction.

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Full Translation

AI Translation· azure_openai

Legal Opinion on the Implementation of Major Asset Purchase and Related Transactions of Shanghai Weitai Industrial Automation Co., Ltd.

Introduction

Grandall Law Firm (Shanghai) has been appointed as the special legal advisor for Shanghai Weitai Industrial Automation Co., Ltd. regarding the major asset purchase and related transactions. This opinion is based on the Securities Law, Company Law, and relevant regulations, confirming that the transaction has been completed in compliance with legal requirements.

Overview of the Transaction

According to the resolutions from the 9th Board of Directors and the 2025 First Extraordinary General Meeting, the transaction involves Weitai purchasing 30,285,330 shares (51.00% of total shares) of Zijiang New Materials for cash, thereby gaining control over the company.

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