Beijing Jincheng Tongda (Shanghai) Law Firm Legal Opinion
Beijing Jincheng Tongda (Shanghai) Law Firm Regarding Kangli Elevator Co., Ltd. 2026 First Extraordinary General Meeting Legal Opinion
Shenzhen Legal Opinion [2026] No. 110
To: Kangli Elevator Co., Ltd.
Beijing Jincheng Tongda (Shanghai) Law Firm (hereinafter referred to as "the Firm") was engaged by Kangli Elevator Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers from the Firm to attend the Company's 2026 First Extraordinary General Meeting (hereinafter referred to as "this EGM" or "the Meeting") and to issue a legal opinion on matters related to the Meeting.
The Firm's lawyers, in accordance with the requirements 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," the "Rules for Shareholders' Meetings of Listed Companies" (hereinafter referred to as "Shareholders' Meeting Rules"), the "Administrative Measures for Law Firms Engaging in Securities Legal Business," the "Practice Rules for Law Firms Engaging in Securities Legal Business (Trial)," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Kangli Elevator Co., Ltd." (hereinafter referred to as "Articles of Association"), have verified the convening and holding procedures of this EGM, the qualifications of the attendees and the convener, the voting procedures, and the voting results, and hereby issue this legal opinion.
Statement of the Firm's Lawyers:
- The Firm's lawyers only express opinions on the legality of the convening and holding procedures, the qualifications of the attendees and the convener, the voting procedures, and the voting results of this EGM. They do not express opinions on the truthfulness, accuracy, and completeness of the facts or data stated in the proposals reviewed at this EGM.
- The Firm's lawyers have, in accordance with the requirements of the "Shareholders' Meeting Rules," investigated and verified the relevant matters involved in this EGM. The conclusions expressed are legal and accurate, free from any false records, misleading statements, or material omissions, and the Firm assumes corresponding legal responsibility.
- The Firm's lawyers agree that this legal opinion will be disclosed along with other required announcements as part of the Company's EGM announcement materials.
- This legal opinion is for the sole purpose of the Company's EGM and shall not be used for any other purpose without the Firm's written consent.
The Firm's lawyers, in accordance with the generally accepted professional standards, ethical norms, and diligent and responsible spirit of the legal profession, issue the following legal opinion:
I. Convening and Holding Procedures of the EGM
This EGM was convened pursuant to the resolution of the 22nd meeting of the 6th Board of Directors of the Company. On April 25, 2026, the Board of Directors of the Company announced the "Notice of Kangli Elevator Co., Ltd. on Convening the 2026 First Extraordinary General Meeting" (Announcement No.: 202620) (hereinafter referred to as the "Meeting Notice") on the Shenzhen Stock Exchange Information Disclosure Network and the Company's designated media. The "Meeting Notice" specified the convening method, time, location, online voting arrangements, matters to be reviewed at the Meeting, attendees, and registration methods for the Meeting.
(I) Method of Convening the Meeting
This EGM was held using a combination of on-site voting and online voting. The Company provided an online voting platform through the Shenzhen Stock Exchange trading system and the internet voting system, allowing shareholders to exercise their voting rights on the proposals during the online voting period.
(II) Time and Location of the On-site Meeting
The on-site meeting of this EGM was held at 14:30 on May 11, 2026, in the Company's conference room at No. 888 Kangli Avenue, Fenghu High-tech Industrial Development Zone, Jiangsu Province.