Legal Opinion from Grandall Law Firm (Hangzhou) on the Early Redemption of Convertible Bonds by Zhejiang Jiemei Electronic Technology Co., Ltd.
Address: Grandall Building, No. 2 & No. 15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China
Tel: (+86)(571)85775888
Fax: (+86)(571)85775643
Email: grandallhz@grandall.com.cn
Website: http://www.grandall.com.cn
Date: May 2026
Legal Opinion
To: Zhejiang Jiemei Electronic Technology Co., Ltd.
Grandall Law Firm (Hangzhou) (hereinafter referred to as "this firm") has been entrusted by Zhejiang Jiemei Electronic Technology Co., Ltd. (hereinafter referred to as "the company") to issue this legal opinion regarding the company's early redemption of convertible bonds (hereinafter referred to as "this redemption"). The lawyers of this firm have issued this legal opinion based on 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 "Administrative Measures for Convertible Bonds" (hereinafter referred to as "the Management Measures"), the "Self-Regulatory Guidelines for Listed Companies No. 15 - Convertible Bonds" (hereinafter referred to as "Guideline No. 15"), and other relevant laws, regulations, normative documents, and the provisions of the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), Shenzhen Stock Exchange (hereinafter referred to as "SZSE"), and the "Prospectus for the Public Issuance of Convertible Bonds by Zhejiang Jiemei Electronic Technology Co., Ltd." (hereinafter referred to as "the Prospectus"), in accordance with the recognized business standards, ethical norms, and due diligence spirit of the legal profession.
Part One: Introduction
This firm is a law firm registered and qualified to practice law, authorized to issue legal opinions on the understanding and application of Chinese laws, regulations, and normative documents. The lawyers of this firm have strictly fulfilled their statutory duties, adhered to the principles of diligence and good faith, and conducted thorough reviews and verifications of all documents, materials, and testimonies related to the issuance of this legal opinion, ensuring that this legal opinion contains no false records, misleading statements, or significant omissions.