Legal Opinion on the 2025 Annual Shareholders' Meeting of Shanghai Yongli Belting Co., Ltd.
To: Shanghai Yongli Belting Co., Ltd.
This legal opinion is issued by Beijing Tianyuan Law Firm regarding the 2025 Annual Shareholders' Meeting (hereinafter referred to as "the Meeting") of Shanghai Yongli Belting Co., Ltd. (hereinafter referred to as "the Company"). The Meeting was held on May 29, 2026, combining on-site voting and online voting, with the on-site meeting taking place at the Company’s conference room located at No. 1598 Songfu Road, Qingpu Industrial Park, Shanghai.
Beijing Tianyuan Law Firm (hereinafter referred to as "the Firm") has been appointed by the Company to send its lawyers to attend the on-site Meeting and to issue this legal opinion based on the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Rules for Shareholders' Meetings of Listed Companies (hereinafter referred to as "the Meeting Rules"), and the Articles of Association of Shanghai Yongli Belting Co., Ltd. (hereinafter referred to as "the Articles of Association"). This opinion covers the convening, procedures, qualifications of attendees, qualifications of the convener, voting procedures, and voting results of the Meeting.
To issue this legal opinion, the Firm's lawyers reviewed the announcement of the resolutions of the 14th meeting of the 6th Board of Directors of the Company, the notice of the 2025 Annual Shareholders' Meeting (hereinafter referred to as "the Notice of the Meeting"), and other documents and materials deemed necessary by the Firm's lawyers. They also verified the identity and qualifications of the shareholders attending the on-site Meeting. The Firm's lawyers participated in the Meeting, witnessed its proceedings, and assisted in the counting and monitoring of the votes.
The Firm and the responsible 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 (Trial), ensuring that the facts recognized in this legal opinion are true, accurate, and complete, and that the opinions expressed are lawful and accurate, without any false records, misleading statements, or significant omissions, and they bear corresponding legal responsibilities.
The Firm and the responsible lawyers agree to submit this legal opinion as a statutory document for the Meeting announcement, along with other announcement documents, to the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") for review and announcement, and shall bear legal responsibility for the issued legal opinion.
The Firm's lawyers have conducted verification and validation of the documents and relevant facts provided by the Company in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility, and hereby issue the following legal opinions: