Legal Opinion
Guangdong Sundial Law Firm
Legal Opinion
Sundial Law Firm China, Shenzhen, Futian District, Yitian Road 6001, TaiPing Finance Tower, 11th & 12th Floors, Postal Code: 518038 Tel: (0755) 88265064, 88265288 Fax: (0755)83243108 Website: http://www.sundiallawfirm.com
Legal Opinion on the 2025 Annual General Meeting of Shenzhen Inovance Technology Co., Ltd.
Sundial Legal Document (2026) No. 119
To: Shenzhen Inovance Technology Co., Ltd.
Pursuant to the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Rules for Listed Company General Meetings" (hereinafter referred to as the "Rules"), and other laws, regulations, and the current "Articles of Association of Shenzhen Inovance Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), Guangdong Sundial Law Firm (hereinafter referred to as "Sundial") has been entrusted by your company to appoint lawyers to attend your company's 2025 Annual General Meeting (hereinafter referred to as the "Meeting"). Based on the necessary verification work, we hereby issue our legal opinion on the convening, procedures, attendee qualifications, convener qualifications, voting procedures, and results of the Meeting.
Sundial Law Firm, in accordance with Article 6 of the "Rules" and adhering to the recognized professional standards, ethical norms, and diligent and responsible spirit of the legal profession, hereby issues the following verification opinion on the relevant facts of this Meeting:
I. Convening and Procedures for the Meeting
(I) Convening of the Meeting
The Board of Directors of your company published the "Notice of the 2025 Annual General Meeting of Shenzhen Inovance Technology Co., Ltd." (hereinafter referred to as the "Board Announcement") in the Securities Times, China Securities Journal, and on the Juchao Information website on April 17, 2026.
Your company has announced the time, place, method of convening, matters for deliberation, attendees, and registration procedures for this Meeting within the statutory period.
Sundial Law Firm is of the opinion that the convening procedures of this Meeting comply with the provisions of the "Company Law," "Rules," and other laws, regulations, and normative documents, as well as the current "Articles of Association."
(II) Procedures for the Meeting
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According to the "Board Announcement," the notice for convening this Meeting was issued 20 days in advance through public announcement, which complies with the provisions of the "Company Law," "Rules," and other laws, regulations, and normative documents, as well as the current "Articles of Association."
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According to the "Board Announcement," the main contents of the meeting notice for this Meeting include the time, place, agenda, attendees, and registration procedures. These contents comply with the provisions of the "Company Law," "Rules," and other laws, regulations, and normative documents, as well as the current "Articles of Association."
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This Meeting was held as scheduled on May 12, 2026 (Tuesday) at 14:30 in the Multi-function Hall on the 13th Floor of Inovance Guangming Technology Building, Songbai Road, Madao Street, Guangming District, Shenzhen, Guangdong Province. The actual time, place, and voting method of the meeting were consistent with those stated in the meeting notice. Due to a scheduling conflict, Chairman Mr. Huang Shenli was unable to attend, and Mr. Tian Huachen was elected by more than half of the directors to preside over the meeting.
Sundial Law Firm is of the opinion that the procedures for holding this Meeting comply with the provisions of the "Company Law," "Rules," and other laws, regulations, and normative documents, as well as the current "Articles of Association."
II. Qualifications of Attendees and Convener
(I) Shareholders and Shareholder Representatives Attending the Meeting
According to Sundial Law Firm's verification and examination of the shareholder list as of the close of trading on the Shenzhen Stock Exchange on May 6, 2026, the names, shareholder cards, and ID numbers of the shareholders attending the meeting are consistent with the shareholder list. Shareholder representatives attending the meeting hold valid and effective powers of attorney and relevant identification documents.