Legal Opinion from Grandall Law Firm (Shenzhen) on the 2025 Annual General Meeting of Youxunda Co., Ltd.
Grandall Law Firm (Shenzhen)
Address: 6008 Shennan Avenue, Futian District, Shenzhen, Guangdong Province, China
Postal Code: 518034
Tel: +86 755 83515666
Fax: +86 755 83515333
Website: http://www.grandall.com.cn
Date: May 2026
Legal Opinion on the 2025 Annual General Meeting of Youxunda Co., Ltd.
Document No.: GLG/SZ/A 2460/FY/2026-421
To: Youxunda Co., Ltd.
Grandall Law Firm (Shenzhen) (hereinafter referred to as "this Firm") has been entrusted by Youxunda Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers from this Firm to attend the Company's 2025 Annual General Meeting (hereinafter referred to as "this AGM"). The lawyers from this Firm have issued this legal opinion regarding the legal issues of the Company's AGM based on the "Securities Law of the People's Republic of China" (hereinafter referred to as "Securities Law"), the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), and the rules and guidelines issued by the China Securities Regulatory Commission, including the "Rules for Shareholders' Meetings of Listed Companies" (hereinafter referred to as "Meeting Rules") and the "Corporate Governance Guidelines" (hereinafter referred to as "Governance Guidelines"), as well as the provisions of the "Articles of Association of Youxunda Co., Ltd." (hereinafter referred to as "Articles of Association") and the "Rules of Procedure for Shareholders' Meetings of Youxunda Co., Ltd." (hereinafter referred to as "Meeting Procedures").
This Firm and its lawyers have strictly fulfilled their statutory duties in accordance with the "Securities Law," the "Administrative Measures for Law Firms Engaging in Securities Legal Business," and the "Trial Implementation Rules for Law Firms' Securities Legal Business," and have conducted thorough verification to ensure that the facts recognized in this legal opinion are true, accurate, and complete. The conclusions drawn are legal and accurate, with no false records, misleading statements, or significant omissions, and the Firm bears corresponding legal responsibility.
In this legal opinion, the lawyers from this Firm only express opinions on the convening and holding procedures of this AGM, the qualifications of the attendees and convener, the voting procedures, and whether the voting results comply with the relevant provisions of the "Company Law," "Meeting Rules," and other laws, administrative regulations, normative documents, and the "Articles of Association." They do not express opinions on the content of the proposals reviewed at this AGM or the authenticity and accuracy of the facts or data presented in those proposals. This legal opinion is solely for the purpose of the Company's AGM.
I. Convening of this AGM
- The convener of this AGM is the Board of Directors of the Company, as stated in the meeting notice.
- According to the resolution of the fourth meeting of the fourth Board of Directors, this AGM is scheduled to be held on May 26, 2026. The fifth Board of Directors published the notice for the 2025 Annual General Meeting on April 21, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn). The notice specifies the session of the AGM, the convener, the time and method of the meeting, the equity registration date, the attendees, the meeting location, the matters for discussion, registration matters, and contact information for the meeting. As this AGM will adopt a combination of on-site voting and online voting, the announcement also clearly states the voting time and procedures for online voting.
After verification and review by this Firm's lawyers, the qualifications of the convener of this AGM and the time, method, and content of the meeting notice comply with the provisions of the "Securities Law," "Company Law," "Meeting Rules," "Governance Guidelines," and other relevant laws, administrative regulations, normative documents, and the "Articles of Association" and "Meeting Procedures."