Legal Opinion on the 2024 Annual General Meeting of Renrenle Chain Commercial Group Co., Ltd.
Beijing Yingke (Shenzhen) Law Firm
Shenzhen Futian District Pengcheng 1st Road, Broadcasting Financial Center, 23/30/31/32 Floors
May 2025
To: Renrenle Chain Commercial Group Co., Ltd.
According to 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 issued by the China Securities Regulatory Commission (hereinafter referred to as "Shareholders' Meeting Rules"), the Implementation Rules for Online Voting at Shareholders' Meetings of Shenzhen Stock Exchange (2025 Revision) (hereinafter referred to as "Online Voting Implementation Rules"), the Management Measures for Law Firms Engaging in Securities Legal Business (hereinafter referred to as "Practice Measures"), and the Provisional Rules for Law Firms' Securities Legal Business (hereinafter referred to as "Practice Rules"), as well as the relevant provisions of the Articles of Association of Renrenle Chain Commercial Group Co., Ltd. (hereinafter referred to as "Articles of Association"), Beijing Yingke (Shenzhen) Law Firm (hereinafter referred to as "this Firm") has accepted the entrustment of Renrenle Chain Commercial Group Co., Ltd. (hereinafter referred to as "the Company") and appointed lawyers Cai Han and Zhao Zijun to attend the Company's 2024 Annual General Meeting (hereinafter referred to as "this Meeting") and issue this legal opinion.
This Firm and the handling lawyers have strictly performed their statutory duties in accordance with the Company Law, Securities Law, Shareholders' Meeting Rules, Online Voting Implementation Rules, Practice Measures, and Practice Rules, as well as the facts that have occurred or existed prior to the issuance date of this legal opinion. They have adhered to the principles of diligence and good faith, conducted thorough verification, and ensured that the facts recognized in this legal opinion are true, accurate, and complete, and that the conclusive opinions expressed are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities. This legal opinion is solely for the purpose of the Company's Annual General Meeting and shall not be used by any person for any other purpose. This Firm agrees to announce this legal opinion together with the resolutions of the Company's Annual General Meeting.
In accordance with the relevant requirements of the Securities Law, Shareholders' Meeting Rules, Practice Measures, and Online Voting Implementation Rules, and in accordance with the recognized business standards, ethical norms, and diligence spirit of the legal profession, the lawyers of this Firm have verified and examined the relevant documents and matters provided by the Company, and now issue the following legal opinions: