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Legal Opinion on the Redemption of Convertible Bonds by Leizhi Group from Zenith Law Firm

Leizhi Group··8 pages

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This legal opinion addresses the redemption of convertible bonds issued by Leizhi Group. The bonds, totaling 396.3 million yuan, are subject to redemption conditions if the stock price falls below 70% of the conversion price. The redemption period is set from June 12 to June 18, 2026, with a redemption price of 100.285 yuan per bond. The opinion confirms compliance with relevant laws and regulations.

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Legal Opinion on the Redemption of Convertible Bonds by Leizhi Group

Zenith Law Firm
Address: 22nd Floor, Huaren Vientiane City Phase III, Hongshanyuan Road, Gulou District, Fuzhou, Fujian, 350025
Phone: (86 591) 8806 5558
Fax: (86 591) 8806 8008
Website: http://www.zenithlawyer.com

Legal Opinion on the Redemption of Convertible Bonds by Leizhi Group

Document No.: Min Li Fei Su Zi [2026] No. [126]

To: Leizhi Group

According to the Special Legal Service Entrustment Agreement signed between Leizhi Group (hereinafter referred to as the "Company," "Issuer," or "Leizhi Group") and Zenith Law Firm (hereinafter referred to as "this Firm"), this Firm has accepted the entrustment of Leizhi Group and appointed lawyers Jiang Hao and Xie Ting (hereinafter referred to as "the Firm's Lawyers") as special legal advisors for Leizhi Group. Based on 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 Administrative Measures for the Registration of Securities Issuance by Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), the Management Measures for Convertible Bonds, the Shenzhen Stock Exchange Listing Rules (hereinafter referred to as "Listing Rules"), and the Self-Regulatory Guidelines No. 15 for Listed Companies on Convertible Bonds (hereinafter referred to as "Regulatory Guideline No. 15"), as well as the relevant provisions of the Prospectus for the Public Issuance of Convertible Bonds by Leizhi Group (hereinafter referred to as "Prospectus") and the Articles of Association of Leizhi Group (hereinafter referred to as "Articles of Association"), this Firm hereby issues this legal opinion regarding the redemption of the convertible bonds issued by Leizhi Group (hereinafter referred to as "Leizhi Convertible Bonds").

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