Legal Opinion
Guangdong Huashang Law Firm on the 2025 Annual Shareholders' Meeting of Shenzhen Huashengchang Technology Co., Ltd.
May 22, 2026
To: Shenzhen Huashengchang Technology Co., Ltd.
Guangdong Huashang Law Firm (hereinafter referred to as "this Firm") has been entrusted by Shenzhen Huashengchang Technology Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers Zhou Yumei and Li Shiqi (hereinafter referred to as "the Firm's Lawyers") to attend the Company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "this Meeting"). The Firm's Lawyers issue this legal opinion based on the provisions of the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Rules for Shareholders' Meetings of Listed Companies, and other relevant laws, regulations, and normative legal documents, as well as the Articles of Association of Shenzhen Huashengchang Technology Co., Ltd. (hereinafter referred to as "the Articles of Association").
This legal opinion only verifies and expresses opinions on the procedures for convening and holding this Meeting, the qualifications of attendees, the qualifications of the convener, and whether the voting procedures comply with relevant laws, regulations, and the Articles of Association, as well as the validity of the voting results of the proposals reviewed at this Meeting. It does not express opinions on the content of the proposals reviewed at this Meeting or the authenticity and accuracy of the facts or data involved in such proposals. The Firm's Lawyers agree to have this legal opinion announced as a necessary document for the Company's Meeting and shall bear legal responsibility for the legal opinion issued by this Firm.
The Firm's Lawyers have verified and witnessed the documents related to the issuance of this legal opinion and the following facts in accordance with the requirements of relevant laws and regulations, and now provide the following legal opinions on the relevant legal matters involved in this Meeting:
I. On the Procedures for Convening and Holding this Meeting
This Meeting was decided to be convened by the Company's third board of directors at its fourth meeting in 2026. The Company's board of directors held its second meeting in 2025 on April 24, 2026, and approved the proposal to convene the 2025 Annual Shareholders' Meeting and other proposals. On April 28, 2026, the Company published the "Notice of the 2025 Annual Shareholders' Meeting of Shenzhen Huashengchang Technology Co., Ltd." (hereinafter referred to as "the Shareholders' Meeting Notice") in the Securities Times, China Securities Journal, and on the designated information disclosure website, cninfo.com.cn, notifying all shareholders. The announcement specified the time, place, method, matters for discussion, eligible attendees, and other relevant matters for the Meeting, and fully disclosed the content of the proposals in accordance with relevant regulations.
The Firm's Lawyers witnessed that this Meeting was held on May 22, 2026, at 15:00 in the second-floor conference room of Building 19, Baiwangxin Industrial Zone, Xili, Nanshan District, Shenzhen, presided over by Mr. Yuan Jianmin, the Chairman of the Company. The time, place, and matters for discussion of the Meeting were consistent with the content of the Shareholders' Meeting Notice. This Meeting adopted a combination of on-site voting and online voting. The Company provided a network voting platform for shareholders through the Shenzhen Stock Exchange trading system and the internet voting system (http://wltp.cninfo.com.cn). The specific time and method for online voting were: from 9:15 to 9:25, 9:30 to 11:30, and from 13:00 to 15:00 on May 22, 2026, through the Shenzhen Stock Exchange trading system; and any time from 9:15 to 15:00 on May 22, 2026, through the Shenzhen Stock Exchange internet voting system. The time and method for online voting were consistent with the announcement content. The Firm's Lawyers believe that the procedures for convening and holding this Meeting comply with relevant laws, administrative regulations, the Rules for Shareholders' Meetings of Listed Companies, the Implementation Rules for Online Voting at Shareholders' Meetings of Listed Companies on the Shenzhen Stock Exchange (2025 Revision), and the Articles of Association.