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Tian Yuan Law Firm Legal Opinion on the 2026 Annual Issuance of A-Shares to Specific Targets by Sharetronic (Xiamen) Co., Ltd.

✨ AI Summary

This legal opinion is issued by Tian Yuan Law Firm regarding Sharetronic (Xiamen) Co., Ltd.'s proposed 2026 private placement of A-shares. The firm confirms the company's eligibility and the legality of the issuance procedures. The document outlines the scope of legal review, including corporate governance, compliance, and material assets. This filing serves as a formal legal verification for the company's planned capital raising activities.

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Full Translation

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Tian Yuan Law Firm

Legal Opinion on the 2026 Annual Issuance of A-Shares to Specific Targets by Sharetronic (Xiamen) Co., Ltd.

Jing Tian Gu Zi (2026) No. 160

To: Sharetronic (Xiamen) Co., Ltd.

Pursuant to the "Engagement Agreement" signed between Tian Yuan Law Firm (the "Firm") and Sharetronic (Xiamen) Co., Ltd. (the "Issuer" or the "Company"), the Firm serves as the special PRC legal counsel for the Company's 2026 annual issuance of A-shares to specific targets (the "Issuance") and issues this legal opinion.

The Firm and its handling lawyers have issued this legal opinion in accordance with the "Securities Law of the People's Republic of China," the "Company Law of the People's Republic of China," the "Administrative Measures for Securities Legal Business of Law Firms," the "Practice Rules for Securities Legal Business of Law Firms (Trial)," and other laws, regulations, and relevant provisions of the China Securities Regulatory Commission, based on facts that have occurred or existed prior to the date of this legal opinion, and in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility in the legal profession.

Table of Contents

  1. Definitions

  2. Statement

  3. Main Text

  4. Approval and Authorization of the Issuance

  5. Subject Qualification of the Issuer for the Issuance

  6. Substantive Conditions for the Issuance

  7. Establishment of the Issuer

  8. Independence of the Issuer

  9. Major Shareholders and Actual Controllers of the Issuer

  10. Share Capital and Its Evolution

  11. Business of the Issuer

  12. Related Party Transactions and Horizontal Competition

  13. Major Assets of the Issuer

  14. Major Creditor's Rights and Debts of the Issuer

  15. Major Asset Changes and Mergers and Acquisitions of the Issuer

  16. Formulation and Amendment of the Articles of Association

  17. Rules of Procedure and Standardized Operation of Shareholders' Meetings, Board of Directors, and Board of Supervisors

  18. Directors, Supervisors, and Senior Management of the Issuer and Their Changes

  19. Taxation of the Issuer

  20. Environmental Protection, Product Quality, and Technical Standards of the Issuer

  21. Use of Proceeds by the Issuer

  22. Business Development Goals of the Issuer

  23. Litigation, Arbitration, or Administrative Penalties

  24. Conclusion

Definitions

Unless otherwise specified in the context, the following abbreviations used in this legal opinion have the following meanings:

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