Beijing Dacheng (Shanghai) Law Firm's Legal Opinion on the Second Extraordinary General Meeting of Shareholders of Dandong Xintai Electric Co., Ltd.
To: Dandong Xintai Electric Co., Ltd.
Beijing Dacheng (Shanghai) Law Firm (hereinafter referred to as "our firm") was entrusted by Dandong Xintai Electric Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers Zhang Xinming and Cai Shaoqian (hereinafter referred to as "the Firm's Lawyers") to attend the Company's second extraordinary general meeting of shareholders in 2017 (hereinafter referred to as "this Shareholders' Meeting"). In accordance with 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 Rules for Shareholders' Meetings of Listed Companies (2016 Revision) (hereinafter referred to as "the Meeting Rules"), and other current effective laws, regulations, and normative documents, as well as the provisions of the Articles of Association of Dandong Xintai Electric Co., Ltd. (hereinafter referred to as "the Articles of Association"), the Firm's Lawyers witnessed this Shareholders' Meeting and issued this legal opinion.
To issue this legal opinion, the Firm's Lawyers attended this Shareholders' Meeting, reviewed the relevant documents provided by the Company, listened to the Company's statements and explanations regarding the relevant facts, and conducted necessary verifications. This legal opinion is for the purpose of this Shareholders' Meeting only and shall not be used for any other purposes. In accordance with the recognized business standards, ethical norms, and due diligence spirit of the legal profession, the Firm's Lawyers express the following legal opinions regarding the relevant matters of this Shareholders' Meeting.