Legal Opinion from Beijing Jingtian Gongcheng Law Firm Shanghai Branch on the 2025 Annual Shareholders' Meeting of Hangzhou Shunwang Technology Co., Ltd.
To: Hangzhou Shunwang Technology Co., Ltd.
Hangzhou Shunwang Technology Co., Ltd. (hereinafter referred to as "the Company") will hold its 2025 Annual Shareholders' Meeting (hereinafter referred to as "the Meeting") on May 28, 2026. Beijing Jingtian Gongcheng Law Firm Shanghai Branch (hereinafter referred to as "our firm") has been engaged by the Company to appoint lawyers to attend the Meeting and to provide legal opinions regarding the convening, procedures, qualifications of attendees, matters for discussion, voting methods, voting procedures, and voting results of the Meeting in accordance with 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 issued by the China Securities Regulatory Commission, and the Articles of Association of Hangzhou Shunwang Technology Co., Ltd. (hereinafter referred to as "the Articles of Association"). Our lawyers have reviewed all documents and testimonies related to this legal opinion and have issued this opinion based on their findings. This legal opinion is intended solely for the Company's use in relation to the 2025 Annual Shareholders' Meeting and may not be used by any other party for any other purpose. Our firm agrees that the Company may disclose this legal opinion as part of the announcement materials for the 2025 Annual Shareholders' Meeting, along with other information that needs to be announced, and shall bear legal responsibility for the opinions provided herein. Based on the above, our firm provides the following legal opinions regarding the 2025 Annual Shareholders' Meeting in accordance with the requirements of the Company Law, Securities Law, and the Rules for Shareholders' Meetings of Listed Companies, adhering to recognized professional standards, ethical norms, and the spirit of diligence and responsibility: