GOLDSUN LAW FIRM 13th Floor, Xinyebank Building, 101 Tianhe Road, Tianhe District, Guangzhou Tel: 8620-38790290 Fax: 8620-3821 9766
Guoxin Xinyang Law Firm
Legal Opinion on the 2025 Annual General Meeting of Guangdong Advertising Group Co., Ltd.
Guoxin Xinyang Law [blank] (2026) No. 0029
To: Guangdong Advertising Group Co., Ltd.
Guoxin Xinyang Law Firm (hereinafter referred to as "the Firm") has been entrusted by Guangdong Advertising Group Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers Kang Yuzi and Yang Xi (hereinafter referred to as "the Firm's lawyers") to witness the 2025 Annual General Meeting (hereinafter referred to as "the Meeting"). The Firm's lawyers, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "the Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "the Securities Law"), the "Rules for General Meetings of Shareholders of Listed Companies" issued by the China Securities Regulatory Commission, and other relevant laws, regulations, rules, normative documents, and the "Articles of Association of Guangdong Advertising Group Co., Ltd.", hereby issue this Legal Opinion.
To issue this Legal Opinion, the Firm's lawyers have reviewed the following documents provided by the Company, including but not limited to:
- The Company's current effective Articles of Association;
- The Announcement on the Resolution of the 22nd Meeting of the 6th Board of Directors of Guangdong Advertising Group Co., Ltd. published on the Shenzhen Stock Exchange website (http://www.szse.cn/) on March 31, 2026 (Announcement No.: 2026-006) (https://www.szse.cn/disclosure/listed/bulletinDetail/index.html?1?3bd05f55-0fee-45f5-afef-7917717cflad);
- The Announcement on the Notice of the 2025 Annual General Meeting of Guangdong Advertising Group Co., Ltd. published on the Shenzhen Stock Exchange website (http://www.szse.cn/) on March 31, 2026 (Announcement No.: 2026-013) (https://www.szse.cn/disclosure/listed/bulletinDetail/index.html?cb5d61d3-e66c-428c-9cfc-fd09897cb9c1);
- The shareholder register for the stock registration date of this Meeting;
- Powers of attorney and supporting documents for shareholders, shareholder representatives, directors, and senior management personnel attending the on-site meeting;
- Statistical results of the online voting for this Meeting provided by Shenzhen Securities Information Co., Ltd.;
- The proposals for this Meeting, announcements regarding the content of related proposals, and other documents required for the Meeting;
- Other meeting documents provided by the Company.
The Company has guaranteed to the Firm that the relevant documents and materials provided to the Firm are true, accurate, and complete. The Firm's lawyers have verified these documents through measures including, but not limited to, interviews, written reviews, inquiries, calculations, and re-examinations.
In this Legal Opinion, the Firm's lawyers will only express opinions on whether the procedures for convening and holding this Meeting, the qualifications of attendees and the convener, and the voting procedures and results comply with relevant laws, administrative regulations, the "Rules for General Meetings of Shareholders of Listed Companies," and the "Articles of Association." The Firm's lawyers will not express opinions on the content of the proposals discussed at the Meeting or the truthfulness or accuracy of the facts or figures stated in the proposals. The Firm and its lawyers, in accordance with the "Company Law," "Securities Law," "Administrative Measures for Securities Legal Business of Law Firms," and "Practice Rules for Securities Legal Business of Law Firms (Trial)," and based on facts that have occurred or existed prior to the issuance date of this Legal Opinion, have diligently performed their statutory duties, adhered to the principles of diligence and good faith, conducted thorough investigations and verifications, and ensured that the facts identified in this Legal Opinion are true, accurate, and complete, and that the conclusions expressed are legal and accurate, without any false statements, misleading representations, or material omissions, and will bear corresponding legal responsibilities.