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Shandong Deheng Law Firm's Supplementary Legal Opinion (IV) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares

✨ AI Summary

This document is a supplementary legal opinion regarding Shandong Mining Machinery Group's private placement. It details adjustments to the pricing benchmark date and issuance price, confirming these changes do not constitute a material event. The opinion also addresses the source of funds, the buyer's qualifications, and the impact on control, concluding the issuance is compliant and beneficial.

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Shandong Deheng Law Firm's Supplementary Legal Opinion (IV) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares

To: Shandong Mining Machinery Group Co., Ltd.

Pursuant to the Company Law, Securities Law, and the Registration Measures, among other relevant laws, regulations, and normative documents, the Company and our firm entered into a special legal advisor agreement. Our firm, represented by attorneys Tian Jun, Wang Fangfang, and Wu Fei, has been engaged as special legal advisors to participate in the Company's private placement of shares. In accordance with the generally accepted business standards, ethical norms, and diligence requirements of the legal profession, our attorneys have issued the "Shandong Deheng Law Firm's Legal Opinion on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Legal Opinion"), the "Shandong Deheng Law Firm's Lawyer's Work Report on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Lawyer's Work Report"), the "Shandong Deheng Law Firm's Supplementary Legal Opinion (I) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Supplementary Legal Opinion (I)"), the "Shandong Deheng Law Firm's Supplementary Legal Opinion (II) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Supplementary Legal Opinion (II)"), and the "Shandong Deheng Law Firm's Supplementary Legal Opinion (III) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Supplementary Legal Opinion (III)") (collectively referred to as the "Original Legal Opinions").

Given that the Company held its sixth board of directors' third extraordinary meeting on June 23, 2026, and deliberated and approved the relevant proposals for adjusting the current issuance plan, our attorneys have reviewed the relevant matters and issued the "Shandong Deheng Law Firm's Supplementary Legal Opinion (IV) on Shandong Mining Machinery Group Co., Ltd.'s Private Placement of Shares" (hereinafter referred to as the "Supplementary Legal Opinion (IV)" or "this Supplementary Legal Opinion") to revise or supplement the content previously disclosed in the Original Legal Opinions accordingly. For content that has been disclosed in the Original Legal Opinions and remains unchanged, our attorneys will not repeat the disclosure in this Supplementary Legal Opinion.

This Supplementary Legal Opinion supplements the Original Legal Opinion. Where there is a discrepancy, this Supplementary Legal Opinion shall prevail. The content of the Original Legal Opinion that has not been modified by this Supplementary Legal Opinion remains valid. Unless otherwise stated in this Supplementary Legal Opinion, the premises, assumptions, and definitions of terms set forth in the Original Legal Opinion for expressing legal opinions shall also apply to this Supplementary Legal Opinion.

Our firm and its attorneys have, in accordance with the generally accepted business standards, ethical norms, and diligence requirements of the legal profession, investigated and verified the documents and facts provided by the issuer. The supplementary legal opinions are hereby issued as follows:

Part One: Adjustments to the Current Issuance Plan

I. Content of Adjustments to the Current Issuance Plan

The issuer held its sixth board of directors' third extraordinary meeting on June 23, 2026, and deliberated and approved the "Proposal on Adjusting the Company's 2024 Private Placement of Shares Plan" and other related proposals, agreeing to adjust the pricing benchmark date and issuance price of the current issuance plan. The details are as follows:

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