Beijing Haotian Law Firm
Regarding
Nanjing Quanxin Transmission Technology Co., Ltd.
Issuance of Convertible Bonds to Unspecified Targets
Supplementary Legal Opinion (III)
To: Nanjing Quanxin Transmission Technology Co., Ltd.
Pursuant to the "Special Legal Advisor Agreement" signed between the issuer and our firm, our firm has been appointed as the special legal advisor for the issuer's project of issuing convertible bonds to unspecified targets.
Our firm and the handling lawyers, in accordance with the "Company Law," "Securities Law," "Administrative Measures for the Registration of Issuance of Securities by Listed Companies" (Trial), "Administrative Measures for Law Firms Engaging in Securities Legal Business" (Trial), "Practice Rules for Securities Legal Business of Law Firms" (Trial), and other relevant laws, administrative regulations, and departmental rules (collectively referred to as "Relevant Laws"), issued the "Legal Opinion of Beijing Haotian Law Firm on Nanjing Quanxin Transmission Technology Co., Ltd.'s Issuance of Convertible Bonds to Unspecified Targets" (hereinafter referred to as the "Legal Opinion") and the "Lawyer's Work Report of Beijing Haotian Law Firm on Nanjing Quanxin Transmission Technology Co., Ltd.'s Issuance of Convertible Bonds to Unspecified Targets" (hereinafter referred to as the "Lawyer's Work Report") on April 13, 2026, concerning matters related to this issuance.
In view of the "Second Round Inquiry Letter on Nanjing Quanxin Transmission Technology Co., Ltd.'s Application for Issuance of Convertible Bonds to Unspecified Targets" (Inquiry Letter [2026] 020066) issued by the Shenzhen Stock Exchange on July 21, 2026 (hereinafter referred to as the "Inquiry Letter"), our firm's lawyers have conscientiously carried out item-by-item verification and review of the issues listed in the "Inquiry Letter" and issued the "Supplementary Legal Opinion (III) of Beijing Haotian Law Firm on Nanjing Quanxin Transmission Technology Co., Ltd.'s Issuance of Convertible Bonds to Unspecified Targets" (hereinafter referred to as the "Supplementary Legal Opinion").
Unless otherwise stated, the terms, names, and definitions used in this Supplementary Opinion shall have the same meanings as in the Legal Opinion and the Lawyer's Work Report. The statements made by our firm in the Legal Opinion and the Lawyer's Work Report are
3-1
The same declaration applies to this Supplementary Legal Opinion.
Our firm agrees that this Supplementary Legal Opinion will be used as legal documentation for the issuer's issuance and will be submitted together with other materials, and our firm will bear corresponding legal responsibilities.
This Supplementary Legal Opinion is an integral part of the "Legal Opinion" and "Lawyer's Work Report" previously issued by our firm and is for the purpose of this issuance only and may not be used by any person for any other purpose.
Our firm and the handling lawyers, in accordance with the "Securities Law," "Company Law," and other relevant laws, regulations, and the relevant provisions of the China Securities Regulatory Commission, and in accordance with the generally accepted business standards, ethical norms, and the spirit of diligence and responsibility of the legal profession, have verified and confirmed the relevant documents and facts that need to be provided or disclosed for the issuance of this Supplementary Legal Opinion, and hereby issue the supplementary opinion as follows:
Issue One
- According to the application materials, the company's operating revenue has been declining during the reporting period, with amounts of 97,674.99 million yuan, 79,193.38 million yuan, 70,206.22 million yuan, and 15,641.22 million yuan for each period, respectively, with a significant decrease in revenue from military products. The company's military products are mainly high-performance cables and components, optoelectronic systems, and FC network products. The decline in revenue is mainly due to the slowdown in the production and delivery pace of downstream related equipment models and the requirements of the military industry for high quality and low cost. According to the inquiry response, the company's future performance may continue to be negatively affected by related factors, and the issuer has provided a major event warning in the prospectus regarding the risk of performance decline due to the unique model of the military industry.