Legal Opinion
This Legal Opinion is issued by Beijing Zhong Lun Law Firm (hereinafter referred to as "the Firm") at the request of Beijing Hekang New Energy Technology Co., Ltd. (hereinafter referred to as "the Company") to provide legal advice regarding the Company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "the Meeting").
The Firm, as the Company's legal advisor, has appointed lawyers to attend the Meeting. Based on the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Rules for Shareholders' Meetings of Listed Companies, and the Company's Articles of Association, the Firm has reviewed the relevant documents and facts to issue this legal opinion.
The Firm and its attending lawyers have fulfilled their legal duties with diligence and good faith, ensuring the accuracy and completeness of the facts presented. The conclusions drawn are legal and accurate, free from any misrepresentation or omission.
The Firm's lawyers have independently and objectively reviewed the Company's documents and materials related to the Meeting. The Company has guaranteed that all provided materials are true, accurate, and complete.
This Legal Opinion solely addresses the legality of the Meeting's convening, holding, and voting procedures, not the substance or accuracy of the proposals discussed. The Firm's lawyers were unable to verify the qualifications of online voters but assume they met the requirements.
This Legal Opinion is for the sole purpose of assessing the legality of the Meeting and shall not be used for any other purpose.
I. Convening of the Shareholders' Meeting
The Meeting was convened by the Company's Board of Directors.
(I) On March 19, 2026, the Sixth Board of Directors passed the "Proposal on Convening the 2025 Annual Shareholders' Meeting."
(II) On March 21, 2026, the Company published the "Notice of the 2025 Annual Shareholders' Meeting of Beijing Hekang New Energy Technology Co., Ltd." (hereinafter referred to as "the Meeting Notice") in designated media. The Meeting Notice specified the convener, time, method, record date, attendees, venue, proposals, registration procedures, and contact information, complying with relevant laws and regulations.
The Firm's lawyers have verified that the convening procedures of the Meeting comply with the Company Law, the Rules for Shareholders' Meetings, and the Company's Articles of Association. The Board of Directors legally convened the Meeting.
II. Procedures for Holding the Shareholders' Meeting
Based on the attendance register and identification documents of shareholders present in person, there were 8 shareholders and their proxies. Authorization letters were available at the meeting venue and were verified by the Firm's lawyers as valid.
All attending shareholders and proxies signed the attendance register. The Firm's lawyers verified that these attendees were registered shareholders as of the record date.
The Meeting was held on April 20, 2026 (Monday) at 15:00 in the conference room of Beijing Hekang New Energy Technology Co., Ltd., located at No. 3, Boxing Second Road, Beijing Economic-Technological Development Area.
Voting via the Shenzhen Stock Exchange trading system occurred on April 20, 2026, during the following times: 9:15-9:25 AM, 9:30-11:30 AM, and 1:00-3:00 PM. Voting via the Shenzhen Stock Exchange internet voting system was available anytime between 9:15 AM and 3:00 PM on April 20, 2026.
The Firm's lawyers conclude that the procedures for holding the Meeting comply with the Company Law, the Rules for Shareholders' Meetings, and the Company's Articles of Association.
III. Attendees of the Shareholders' Meeting
(I) Shareholders and Proxies
The record date for the Meeting was April 13, 2026. A total of 8 shareholders and proxies attended the Meeting in person, representing 254,921,158 shares, or 22.5934% of the Company's total voting shares. These shareholders were registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited as of the record date.