Legal Opinion on the 2021 Annual General Meeting of Shareholders of Dongfang Wangli Technology Co., Ltd.
Beijing D&W (Chengdu) Law Firm
Date: May 2022
To: Dongfang Wangli Technology Co., Ltd.
Beijing D&W (Chengdu) Law Firm (hereinafter referred to as "this firm") has been entrusted by Dongfang Wangli Technology Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers Yan Wenping and Zhao Zige (hereinafter referred to as "the Firm's Lawyers") to attend the Company's 2021 Annual General Meeting of Shareholders (hereinafter referred to as "this Shareholders' Meeting") held on May 20, 2022, at 14:30 in the conference room on the 20th floor of Building 1, No. 39 Jian Cai Road, Chenghua District, Chengdu, Sichuan Province. This legal opinion is issued in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "Securities Law"), the Rules for Shareholders' Meetings of Listed Companies (hereinafter referred to as "Meeting Rules"), the Corporate Governance Guidelines (hereinafter referred to as "Governance Guidelines"), the Implementation Rules for Online Voting at Shareholders' Meetings of Listed Companies on the Shenzhen Stock Exchange (hereinafter referred to as "Online Voting Implementation Rules"), and other relevant laws, regulations, and normative documents, as well as the current effective Articles of Association of Dongfang Wangli Technology Co., Ltd. (hereinafter referred to as "Articles of Association").
The Firm's Lawyers express legal opinions on the legality of the convening and holding procedures of this Shareholders' Meeting, the legality and validity of the qualifications of the convener, the qualifications of the attendees, as well as the voting procedures and results. To issue this legal opinion, the Firm's Lawyers attended the Shareholders' Meeting and reviewed the relevant documents provided by the Company, including but not limited to the announcement regarding the convening of this Shareholders' Meeting, the agenda, attendance list, proposals, voting ballots, voting statistics, and related resolutions and meeting minutes.
The Firm has received the Company's assurance that the Company has provided the Firm's Lawyers with all necessary authentic original written materials, copies, or oral testimonies required for issuing this legal opinion, and has disclosed all facts, documents, and materials to the Firm's Lawyers without any concealment, omission, falsehood, or misleading information. The copies or photocopies of the documents provided by the Company are consistent with the originals, and the signatures and seals on such documents are authentic, with the signatories having been legally authorized to sign the documents.
To issue this legal opinion, the Firm and the Firm's Lawyers make the following statements:
- This legal opinion is issued based on facts that have occurred or existed before the issuance date, in accordance with the then-current or effective laws, regulations, and normative documents of China, and is based on the understanding of the relevant facts of the Company and the understanding of the relevant laws, administrative regulations, and normative documents of China.
- The Firm's Lawyers' understanding and judgment of the facts involved in this legal opinion ultimately rely on the documents, materials, and explanations provided by the Company, and the Company has assured the Firm and the witnessing lawyers of their authenticity, completeness, and accuracy.
- The Firm agrees to use this legal opinion as a supporting document for the Company's announcement materials for this Shareholders' Meeting, to be disclosed together with other materials, and shall bear legal responsibility for the opinions issued.
- This legal opinion is only for the purpose of assessing the legality of matters related to this Shareholders' Meeting and shall not be used for any other purpose.