L&H (Ningbo) Law Firm
Legal Opinion on the Convening of the 2026 Second Extraordinary General Meeting of Xingyuan Environment Technology Co., Ltd.
To: Xingyuan Environment Technology Co., Ltd.
Zhejiang L&H (Ningbo) Law Firm (hereinafter referred to as "the Firm") has been entrusted by Xingyuan Environment Technology Co., Ltd. (hereinafter referred to as "the Company") to, 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" (hereinafter referred to as the "Shareholders' Meeting Rules"), and other laws, administrative regulations, rules, normative documents, and the current effective articles of association within the territory of the People's Republic of China (hereinafter referred to as "within China," which for the purpose of this legal opinion excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and the Taiwan region) that are currently in effect, appoint lawyers to attend the Company's 2026 Second Extraordinary General Meeting (hereinafter referred to as "this EGM") held on March 2, 2026, and to issue this legal opinion on matters related to this EGM.
To issue this legal opinion, the Firm's lawyers have reviewed the following documents provided by the Company, including but not limited to:
- The "Articles of Association of Xingyuan Environment Technology Co., Ltd." (hereinafter referred to as the "Articles of Association") deliberated and approved by the Company's 2025 Fifth Extraordinary General Meeting;
- The "Resolution Announcement of the Seventeenth Meeting of the Sixth Board of Directors of Xingyuan Environment Technology Co., Ltd." published by the Company on February 13, 2026, on CNINFO.COM.CN and the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") website (https://www.szse.cn/);
- The "Notice of Xingyuan Environment Technology Co., Ltd. on Convening the 2026 Second Extraordinary General Meeting" (hereinafter referred to as the "EGM Notice") published by the Company on February 13, 2026, on CNINFO.COM.CN and the SZSE website;
- The shareholder register of the Company for the stock registration date of this EGM;
- The registration records and supporting documents of shareholders attending the on-site meeting;
- Statistical results of the network voting for this EGM provided by Shenzhen Securities Information Co., Ltd.;
- Announcement documents regarding the proposals of this EGM and related matters;
- Other meeting documents.
The Company has guaranteed to the Firm that it has disclosed all facts that could affect the issuance of this legal opinion and has provided the Firm with all original written materials, duplicate materials, copies, letters of commitment, or certifications requested by the Firm, without any concealment, false statements, or material omissions. The documents and materials provided by the Company to the Firm are true, accurate, complete, and effective. For documents and materials in duplicate or copy form, they are consistent with the originals.
In this legal opinion, the Firm only expresses opinions on the procedures for convening and holding this EGM, the qualifications of attendees and the convener, and whether the voting procedures and results comply with relevant laws, administrative regulations, the "Shareholders' Meeting Rules," and the "Articles of Association." The Firm does not express opinions on the content of the proposals deliberated at this EGM or the truthfulness and accuracy of the facts or data stated in these proposals.
The Firm expresses opinions based solely on the currently effective laws and regulations within the territory of China and does not express opinions based on any foreign laws.