300261SZSE

Legal Opinion on the Second Extraordinary Shareholders' Meeting of Yabont Chemical Co., Ltd. in 2026

✨ AI Summary

This legal opinion confirms the legality of the procedures for convening and holding the second extraordinary shareholders' meeting of Yabont Chemical Co., Ltd. on April 29, 2026. A total of 496 shareholders participated, representing 310,144,234 shares, or 32.1957% of the voting rights. Key proposals regarding the issuance of A-shares were not approved, while two proposals related to management compensation were passed.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Beijing Guofeng Law Firm's Legal Opinion on Yabont Chemical Co., Ltd.'s Second Extraordinary Shareholders' Meeting in 2026
Guofeng Law Firm Letter No. [2026] A0143

To: Yabont Chemical Co., Ltd. ("Your Company" or "Yabont Chemical")

Beijing Guofeng Law Firm (hereinafter referred to as "this Firm") has accepted your Company's entrustment to appoint lawyers to attend and witness your Company's second extraordinary shareholders' meeting in 2026 (hereinafter referred to as "this Meeting").

The lawyers of this Firm have issued this legal opinion based on the provisions of the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "the Securities Law"), the Administrative Measures for Law Firms Engaging in Securities Legal Business (hereinafter referred to as "the Securities Legal Business Management Measures"), the Practice Rules for Law Firms Engaging in Securities Legal Business (Trial) (hereinafter referred to as "the Securities Legal Business Practice Rules"), and other relevant laws, administrative regulations, rules, normative documents, and the Articles of Association of Yabont Chemical Co., Ltd. (hereinafter referred to as "the Articles of Association"), regarding the convening and holding procedures of this Meeting, the qualifications of the convener, the qualifications of attendees, the voting procedures, and the voting results.

The lawyers of this Firm make the following statements regarding the issuance of this legal opinion:

  1. The lawyers of this Firm only express opinions on the legality of the convening and holding procedures of this Meeting, the qualifications of the convener and attendees, the voting procedures, and the voting results, and do not express opinions on the content of the proposals reviewed at this Meeting or the truthfulness, accuracy, and completeness of the facts or data stated in such proposals;
  2. This Firm cannot witness the online voting process, and the qualifications of shareholders participating in online voting and the results of online voting are certified by the respective securities exchange trading system and internet voting system;
  3. This Firm and the handling lawyers have strictly fulfilled their statutory duties in accordance with the Securities Law, the Securities Legal Business Management Measures, the Securities Legal Business Practice Rules, and other regulations, and have conducted sufficient verification to ensure that the facts recognized in this legal opinion are true, accurate, and complete, and that the conclusive opinions expressed are legal and accurate, with no false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities;
  4. This legal opinion is only for the purpose of your Company's Meeting and shall not be used for any other purposes. The lawyers of this Firm agree to announce this legal opinion together with your Company's resolutions from this Meeting.

In accordance with the requirements of the Company Law, the Securities Law, the Securities Legal Business Management Measures, the Securities Legal Business Practice Rules, and other relevant laws, administrative regulations, rules, and normative documents, and in accordance with the recognized business standards, ethical norms, and diligent and responsible spirit of the legal profession, this Firm has verified and validated the relevant documents and matters provided by your Company, and now issues the following legal opinions:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.