Legal Opinion from Beijing Deheng (Jinan) Law Firm on the 2025 Annual Shareholders' Meeting of Shandong Zhongnong United Biotechnology Co., Ltd.
Address: No. 2, Yinfeng Technology Park, 567 Shuntai North Road, High-tech Zone, Jinan, Shandong Province, 250102
Website: www.dehenglaw.com
Phone: (86) 531-8166 3606
Legal Opinion
Beijing Deheng (Jinan) Law Firm (hereinafter referred to as "this firm") acts as the long-term legal advisor for Shandong Zhongnong United Biotechnology Co., Ltd. (hereinafter referred to as "the Company"). At the request of the Company, lawyers Zhang Lu and Zhao Chengcheng (hereinafter referred to as "the lawyers of this firm") attended the Company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "this meeting"). Based on the provisions of 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 current effective laws, regulations, normative documents, as well as the Articles of Association of Shandong Zhongnong United Biotechnology Co., Ltd. (hereinafter referred to as "the Articles of Association") and the Rules of Procedure for Shareholders' Meetings (hereinafter referred to as "the Rules of Procedure"), this firm witnessed this meeting and issued a legal opinion.
To issue this legal opinion, the lawyers of this firm attended this meeting and reviewed the following documents provided by the Company, including but not limited to:
- The Articles of Association;
- The Rules of Procedure;
- The announcement titled "Notice of the 2025 Annual Shareholders' Meeting of Shandong Zhongnong United Biotechnology Co., Ltd." published on April 29, 2026, on the Shenzhen Stock Exchange website (hereinafter referred to as "the Notice of Meeting");
- The attendance registration records and supporting materials of shareholders present at this meeting;
- The voting records of shareholders at this meeting;
- Other meeting documents.
The lawyers of this firm received the following assurances: the Company has provided materials deemed necessary for issuing this legal opinion, and the original materials, copies, and oral testimonies provided meet the requirements of authenticity, accuracy, and completeness. The copies and other materials are consistent with the original materials. This firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Administrative Measures for Law Firms Engaging in Securities Legal Business, and the Practice Rules for Securities Legal Business of Law Firms, and have conducted sufficient verification to ensure that the facts recognized in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.
In this legal opinion, the lawyers of this firm only express opinions on the convening and holding procedures of this meeting, the qualifications of attendees, the qualifications of the convener, and whether the voting procedures and results comply with the provisions of the Company Law, the Rules for Shareholders' Meetings of Listed Companies, and other laws, regulations, normative documents, as well as the Articles of Association and the Rules of Procedure. They do not express opinions on the content of the proposals discussed at the meeting or the authenticity and accuracy of the facts or data presented in these proposals. This legal opinion is only for the purpose of witnessing the legality of matters related to this meeting and shall not be used for any other purpose.
1. Qualifications of the Convener and Meeting Procedures
On April 27, 2026, the Company held the third meeting of the fifth board of directors, which approved the proposal to convene the 2025 Annual Shareholders' Meeting. On April 29, 2026, the Company published the Notice of Meeting in the Shanghai Securities Journal, China Securities Journal, Securities Daily, Securities Times, and on the website of the Shenzhen Stock Exchange. The Notice of Meeting specified the meeting time, location, content, attendees, and registration methods.