Shanghai Jingcheng Panming Law Firm Regarding the Legal Opinion on the 2025 Annual Shareholders' Meeting of Zhuhai Letong Chemical Co., Ltd.
To: Zhuhai Letong Chemical Co., Ltd.
Shanghai Jingcheng Panming Law Firm (hereinafter referred to as "Jingcheng Lawyers") has been entrusted by your company to issue a legal opinion regarding your company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "this Shareholders' Meeting"). To this end, Jingcheng Lawyers reviewed the relevant materials for this Shareholders' Meeting and appointed lawyers to attend the meeting held on May 28, 2026.
Jingcheng Lawyers issued this legal opinion based on the provisions of the Company Law of the People's Republic of China (hereinafter referred to as "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "Securities Law"), the Rules for Shareholders' Meetings of Listed Companies (hereinafter referred to as "Rules"), and the Articles of Association of Zhuhai Letong Chemical Co., Ltd. (hereinafter referred to as "Articles of Association"). The opinion covers the convening and holding procedures of the Shareholders' Meeting, the qualifications of attendees, the proposals presented, and the voting procedures and results, but does not comment on the content of the proposals or the authenticity and accuracy of the facts and data involved.
Jingcheng Lawyers provided this legal opinion based on facts that occurred prior to the issuance date of this opinion and their understanding of the law. Jingcheng Lawyers reviewed and verified the relevant documents and materials provided by your company in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility. The legal opinions are as follows:
- Regarding the convening and holding procedures of this Shareholders' Meeting: This Shareholders' Meeting was convened by the Board of Directors. The Board of Directors held its fifth meeting of the seventh session on April 22, 2026, and decided to convene this Shareholders' Meeting on May 28, 2026. The notice of the Shareholders' Meeting was published on April 24, 2026, in the China Securities Journal, Shanghai Securities Journal, Securities Times, Securities Daily, and on the Giant Tide Information Network (http://www.cninfo.com.cn). The Shareholders' Meeting adopted a combination of on-site voting and online voting, with clear instructions provided regarding the online voting method and related matters. The online voting time for this Shareholders' Meeting was May 28, 2026; specifically, the time for online voting through the Shenzhen Stock Exchange trading system was from 9:15 to 9:25, 9:30 to 11:30, and from 13:00 to 15:00 on May 28, 2026; the time for voting through the Shenzhen Stock Exchange internet voting system was any time from 9:15 to 15:00 on May 28, 2026. The on-site meeting of this Shareholders' Meeting was held at the conference room on the first floor of the office building located at No. 265, Jinfalu, Tangjiawan Town, High-tech Zone, Zhuhai City, Guangdong Province, at 14:30 on May 28, 2026. The procedures for convening the meeting were conducted in accordance with the Company Law, Articles of Association, and other laws and regulations. Jingcheng Lawyers believe that the convening and holding procedures of this Shareholders' Meeting and the qualifications of the convener comply with the provisions of laws, regulations, and the Articles of Association.