300420SZSE

Legal Opinion from Beijing Merits and Tree Law Firm on Jiangsu Wuyang Automatic Control Technology Co., Ltd.'s 2026 Second Extraordinary General Meeting of Shareholders

Wuyang Automation Co., Ltd.·

✨ AI Summary

This legal opinion confirms the legality of the procedures for Jiangsu Wuyang's 2026 Second Extraordinary General Meeting of Shareholders. The meeting, held on February 27, 2026, involved 302 shareholders representing 255,260,275 shares, accounting for 22.86% of the voting rights. Key resolutions included the approval of related party transactions and the establishment of a compensation system for directors and senior management.

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Full Translation

AI Translation· azure_openai

Legal Opinion from Beijing Merits and Tree Law Firm on Jiangsu Wuyang Automatic Control Technology Co., Ltd.'s 2026 Second Extraordinary General Meeting of Shareholders

Beijing Merits and Tree Law Firm (hereinafter referred to as "this firm") has accepted the commission from Jiangsu Wuyang Automatic Control Technology Co., Ltd. (hereinafter referred to as "your company") to appoint lawyers to attend and witness your company's 2026 Second Extraordinary General Meeting of Shareholders (hereinafter referred to as "this meeting"). The lawyers from this firm attended this meeting to witness and, 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 "Shareholders' Meeting Rules"), the Management Measures for Law Firms Engaging in Securities Legal Business (hereinafter referred to as "Securities Legal Business Management Measures"), and the Practice Rules for Law Firms Engaging in Securities Legal Business (Trial) (hereinafter referred to as "Securities Legal Business Practice Rules"), as well as relevant laws, administrative regulations, rules, normative documents, and the Articles of Association of Jiangsu Wuyang Automatic Control Technology Co., Ltd. (hereinafter referred to as "Articles of Association"), we issue this legal opinion 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 from this firm make the following statements regarding this legal opinion:

  1. The lawyers 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. The lawyers are unable to 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. The lawyers have conducted necessary verification and validation of the relevant matters involved in this meeting in accordance with the requirements of the Shareholders' Meeting Rules, and the conclusive opinions expressed are legal and accurate, with no false records, misleading statements, or material omissions;
  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 agree to announce this legal opinion together with your company's resolutions from this meeting.

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