Legal Opinion from Beijing Zhonglun Law Firm on Yantai Dongcheng Pharmaceutical Group Co., Ltd. 2025 Annual Shareholders' Meeting
To: Yantai Dongcheng Pharmaceutical Group Co., Ltd.
Beijing Zhonglun Law Firm (hereinafter referred to as "this Firm") has been entrusted by Yantai Dongcheng Pharmaceutical Group Co., Ltd. (hereinafter referred to as "the Company") to witness the 2025 Annual Shareholders' Meeting (hereinafter referred to as "this Meeting") and issue this legal opinion 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, and the Rules for Shareholders' Meetings of Listed Companies issued by the China Securities Regulatory Commission.
To issue this legal opinion, the lawyers of this Firm reviewed relevant documents provided by the Company, including but not limited to:
- The current Articles of Association of Yantai Dongcheng Pharmaceutical Group Co., Ltd. (hereinafter referred to as "the Articles of Association");
- The announcement of the resolutions from the 18th meeting of the 6th Board of Directors published on March 26, 2026, on the Shenzhen Stock Exchange website (www.szse.cn) and the Giant Tide Information Network (www.cninfo.com.cn), and the notice for convening this Meeting;
- The shareholder register on the record date for this Meeting (April 9, 2026), the attendance registration records and supporting documents of shareholders attending the on-site meeting;
- The meeting documents for this Meeting.
In this legal opinion, the lawyers of this Firm express opinions only on the convening and holding procedures of this Meeting, the qualifications of the convener, the qualifications of attendees, the voting procedures, and the voting results, without commenting on the content of the proposals discussed or the truthfulness and accuracy of the facts or data expressed in such proposals. This legal opinion is for the purpose of this Meeting only, and the lawyers of this Firm agree to announce this legal opinion along with the resolutions of this Meeting and other disclosure materials, and shall bear corresponding legal responsibilities in accordance with the law.
According to the relevant requirements of laws and regulations, and in accordance with the recognized business standards, ethical norms, and diligence spirit of the legal profession, the lawyers of this Firm provide the following legal opinions regarding the relevant matters of this Meeting:
I. The convening and holding procedures of this Meeting
- According to the relevant provisions of the Articles of Association, the Company's Board of Directors reviewed and approved the proposal to convene this Meeting on March 25, 2026, and on March 26, 2026, published a notice in the form of an announcement on the Shenzhen Stock Exchange website (www.szse.cn) and the Giant Tide Information Network (www.cninfo.com.cn) stating that this Meeting would be held on April 15, 2026, detailing the meeting time and place, participants, matters for discussion, and participation methods.
- At 14:50 on April 15, 2026, this Meeting was held as scheduled in the conference room of the Company located at No. 7 Changbai Mountain Road, Yantai Economic and Technological Development Zone, with the actual time and place of the meeting consistent with the contents stated in the meeting notice.
- According to the meeting notice for this Meeting, the online voting times are as follows: the specific time for online voting through the Shenzhen Stock Exchange trading system is from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on April 15, 2026; the specific time for voting through the Shenzhen Stock Exchange internet voting system is any time from 9:15 to 15:00 on April 15, 2026. The lawyers of this Firm believe that the convening and holding procedures of this Meeting comply with the provisions of the Company Law, the Rules for Shareholders' Meetings of Listed Companies, and other laws, regulations, normative documents, and the Articles of Association.