Legal Opinion from Guangdong Guodao Law Firm
Legal Opinion Number: GDLF2020/LL116
To: Tian Guang Zhong Mao Co., Ltd.
Guangdong Guodao Law Firm (hereinafter referred to as "this firm") has been entrusted by Tian Guang Zhong Mao Co., Ltd. (hereinafter referred to as "the Company") to issue a special legal opinion regarding the Company's board's decision not to submit shareholder proposals for review at the 2019 annual shareholders' meeting. This opinion is based on the "Company Law of the People's Republic of China (2018 Revision)" (hereinafter referred to as "Company Law"), "Securities Law of the People's Republic of China (2019 Revision)" (hereinafter referred to as "Securities Law"), "Shenzhen Stock Exchange Listing Rules (2018 Revision)" (hereinafter referred to as "Listing Rules"), "Management Measures for Information Disclosure of Listed Companies," and "Rules for Shareholders' Meetings of Listed Companies (2016 Revision)" (hereinafter referred to as "Meeting Rules"), as well as the Company's Articles of Association and other relevant laws and regulations. This opinion is issued in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility in the legal profession.
To issue this legal opinion, the lawyers of this firm make the following statements:
- This firm expresses legal opinions based on facts that occurred or existed prior to the date of this legal opinion and relevant provisions of current laws, regulations, and normative documents in China.
- The Company guarantees that the documents and statements provided are complete, true, and valid, and that all facts and documents that could affect this legal opinion have been disclosed to this firm without any concealment, omission, falsehood, or misleading information; the documents provided and the signatures and seals on them are authentic, and all copies and reproductions are identical to the originals.
- This firm does not guarantee or acknowledge the authenticity, completeness, and accuracy of the documents and their contents referenced regarding accounting, auditing, asset evaluation, business, investment, and commercial judgment, and assumes no legal responsibility for such documents and their contents.
- The lawyers of this firm have fulfilled their statutory duties, verified the relevant materials and facts, and ensured that the conclusive opinions expressed are legal and accurate, with no false records, misleading statements, or significant omissions.
Based on the above, the lawyers of this firm now issue the following legal opinions: