Grandall Law Firm (Guangzhou) GRANDALL LAW FIRM (GUANGZHOU) Beijing Shanghai Shenzhen · Hangzhou · Guangzhou · Kunming · Tianjin · Chengdu · Ningbo · Fuzhou · Xi'an · Nanjing · Nanning · Jinan · Chongqing · Suzhou · Changsha · Taiyuan · Wuhan · Guiyang · Urumqi · Zhengzhou · Shijiazhuang · Hefei · Hainan · Qingdao · Nanchang · Dalian · Yinchuan · Lhasa · Hong Kong · Paris · Madrid · Stockholm · New York · Malaysia · Cambodia · Uzbekistan · Kazakhstan · Italy · Hungary 19th Floor, Pacific Financial Building, 32 Huaxia Road, Tianhe District, Guangzhou Postcode: 510620 Tel: (+86) (20) 3879 9346, 38799348 Fax: (+86) (20) 3879 9348-200
Grandall Law Firm (Guangzhou) Legal Opinion on the Early Redemption of Convertible Bonds by Guangzhou Hangxin Aviation Technology Co., Ltd.
To Guangzhou Hangxin Aviation Technology Co., Ltd.:
Grandall Law Firm (Guangzhou) (hereinafter referred to as the "Firm") has been retained by Guangzhou Hangxin Aviation Technology Co., Ltd. (hereinafter referred to as "Hangxin Technology" or the "Company") to issue this Legal Opinion regarding the early redemption of convertible bonds by Hangxin Technology (hereinafter referred to as the "Early Redemption"). This opinion is issued 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 "Measures for the Administration of Convertible Corporate Bonds" (hereinafter referred to as the "Measures"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 15 - Convertible Corporate Bonds" (hereinafter referred to as the "Self-Regulatory Guidelines"), and other relevant regulations of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") and the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE").
In order to issue this Legal Opinion, the Firm and its lawyers hereby declare:
I. The lawyers of the Firm are issuing this Legal Opinion based on facts that have occurred or existed prior to the issuance date of this Legal Opinion and the current laws, regulations, and relevant regulations of the CSRC and the SZSE.
II. The Firm and its lawyers, in accordance with the "Securities Law," the "Administrative Measures for Securities Law Firms Engaging in Securities Legal Business," and the "Practice Rules for Securities Legal Business of Law Firms (Trial)," and based on facts that have occurred or existed prior to the issuance date of this Legal Opinion, have strictly performed their statutory duties, adhered to the principles of diligence and good faith, conducted thorough investigations and verifications, and ensured that the facts determined in this Legal Opinion are true, accurate, and complete. The conclusions expressed are legal and accurate, and there are no false records, misleading statements, or significant omissions, and the Firm assumes corresponding legal liabilities.
III. For the purpose of issuing this Legal Opinion, the Firm's lawyers have received the following assurances from Hangxin Technology: Hangxin Technology has provided the Firm's lawyers with all necessary original written materials, duplicate materials, or oral statements that are true and effective, and the signatures and seals on the materials are authentic and valid. Any duplicate materials or copies are consistent with the originals, and there are no false contents or significant omissions.
IV. This Legal Opinion only expresses opinions on the legal issues related to the Early Redemption and does not express opinions on accounting, auditing, asset valuation, investment decisions, or other professional matters. Where this Legal Opinion involves such matters, they are strictly quoted from the reports issued by relevant intermediaries or the documents of Hangxin Technology.
V. This Legal Opinion is for the sole purpose of Hangxin Technology's Early Redemption and shall not be used for any other purpose.