Beijing Da Cheng (Ningbo) Law Firm 17-18F, IFC Tower E, 180 Heji Street, 315040, Ningbo, China dentons.cn
Beijing Da Cheng (Ningbo) Law Firm
Legal Opinion on the 2025 Annual General Meeting of Guangbo Group Co., Ltd.
To: Guangbo Group Co., Ltd.
Pursuant to 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 Governing Shareholders' Meetings of Listed Companies (hereinafter referred to as the "Shareholders' Meeting Rules") and other relevant laws, regulations, and normative documents, Beijing Da Cheng (Ningbo) Law Firm (hereinafter referred to as the "Firm") has been entrusted by Guangbo Group Co., Ltd. (hereinafter referred to as the "Company") to appoint lawyers Cao Yin and Shao Min to attend the 2025 Annual General Meeting of the Company (hereinafter referred to as the "Meeting").
The Firm declares that the Firm's lawyers will only express legal opinions on the convening procedure, meeting procedure, qualification of attendees, convener qualification, voting procedure, and voting results of this Meeting. The Firm will not express opinions on the proposals deliberated at the Meeting, nor on the data and content related to the proposals. The Firm agrees to have this Legal Opinion disclosed together with other information disclosure materials of the Meeting.
This Legal Opinion is intended solely for the purpose of verifying the legality of the matters related to the Company's Meeting and shall not be used for any other purpose.
The Firm and the handling lawyers have strictly performed their statutory duties, adhered to the principles of diligence and good faith, and conducted thorough verification and validation in accordance with the Securities Law, the Administrative Measures for Securities Legal Business of Law Firms, the Practice Rules for Securities Legal Business of Law Firms, and the facts that have occurred or existed prior to the issuance of this Legal Opinion. The Firm guarantees that the facts determined in this Legal Opinion are true, accurate, and complete, and that the conclusions expressed are legal and accurate, without any false records, misleading statements, or major omissions, and the Firm assumes corresponding legal responsibilities.
In accordance with the requirements of the Shareholders' Meeting Rules and the generally accepted business standards, ethical norms, and the spirit of diligence in the legal profession, the Firm's lawyers have conducted necessary verification and validation of the matters and relevant documents involved in the Meeting, attended the Meeting, and hereby issue the following legal opinion:
I. Convening and Holding Procedures of the Meeting
(I) Convening Procedure of the Meeting
The Meeting was proposed and convened by the Board of Directors. On April 9, 2026, the Company held the Second Meeting of the Ninth Board of Directors, which deliberated and approved the "Proposal on Convening the 2025 Annual General Meeting of the Company."
On April 11, 2026, the Company published the "Resolution Announcement of the Second Meeting of the Ninth Board of Directors" and the "Notice of the 2025 Annual General Meeting" on the official website of the Shenzhen Stock Exchange, Juchao Information Network, and Securities Times, notifying all shareholders of the time and place of the Meeting, the matters to be deliberated, the attendees, registration methods, voting methods, and contact person's name and phone number.
(II) Meeting Procedure
The Meeting was held through a combination of on-site voting and online voting.
At 14:30 on May 12, 2026, the Meeting was held in the conference room of the headquarters of Guangbo Group Co., Ltd. in Haishu District, Ningbo City, and was presided over by Chairman Wang Liping.
The online voting period for the Meeting was: May 12, 2026. The online voting period through the Shenzhen Stock Exchange trading system was from 9:15-9:25, 9:30-11:30, and 13:00-15:00 on May 12, 2026; the voting period through the Shenzhen Stock Exchange internet voting system was from 9:15 to 15:00 on May 12, 2026.