Legal Opinion from Beijing Dacheng (Nanjing) Law Firm on Jiangsu Daye Intelligent Electric Co., Ltd. 2025 Annual Shareholders' Meeting
Beijing Dacheng (Nanjing) Law Firm, located at 7-11F, Building A, Lianchuang Tower No.18, Jihui Road, Gulou District, 210036, Nanjing, China, Tel: +86 25-83755100, Fax: +86 25-83755111
- This legal opinion is addressed to Jiangsu Daye Intelligent Electric Co., Ltd. In accordance with the Securities Law of the People's Republic of China (hereinafter referred to as the "Securities Law"), the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), and the Rules for Shareholders' Meetings of Listed Companies issued by the China Securities Regulatory Commission (hereinafter referred to as the "Shareholders' Meeting Rules"), Beijing Dacheng (Nanjing) Law Firm (hereinafter referred to as "this Firm") has accepted the commission from Jiangsu Daye Intelligent Electric Co., Ltd. (hereinafter referred to as "the Company") to appoint lawyers to attend the Company's 2025 Annual Shareholders' Meeting (hereinafter referred to as "this Shareholders' Meeting").
This Firm declares that its lawyers will only provide legal opinions on the convening procedures, meeting procedures, qualifications of attendees, qualifications of the convener, voting procedures, and voting results of this Shareholders' Meeting, and will not express opinions on the proposals discussed at this Shareholders' Meeting or the figures and content involved in the proposals. This Firm's lawyers agree to disclose this legal opinion along with other information related to this Shareholders' Meeting. This legal opinion is solely for the purpose of witnessing the legality of matters related to this Shareholders' Meeting and shall not be used for any other purpose.
This Firm and the handling 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 Practice Rules for Securities Legal Business of Law Firms (in effect), and have conducted thorough verification of facts that occurred or existed prior to the issuance date of this legal opinion, ensuring that the facts recognized in this legal opinion are true, accurate, and complete, and that the conclusions drawn are legal and accurate, without any false records, misleading statements, or significant omissions, and bear corresponding legal responsibilities.
In accordance with the requirements of Article 5 of the Shareholders' Meeting Rules, this Firm's lawyers have conducted necessary verification and validation of the relevant matters and documents involved in this Shareholders' Meeting according to recognized business standards, ethical norms, and the spirit of diligence and responsibility in the legal profession, attended this Shareholders' Meeting, and issued the following legal opinions:
- The convening and holding procedures of this Shareholders' Meeting
(1) The convening procedures of this Shareholders' Meeting
This Shareholders' Meeting was proposed and convened by the Board of Directors. On April 24, 2026, the Company held the 17th meeting of the 4th Board of Directors, which reviewed and approved the proposal on convening the 2025 Annual Shareholders' Meeting. The notice of the convening of this Shareholders' Meeting and the content of the proposals were announced by the Company on May 9, 2026, on the Shenzhen Stock Exchange website and the Giant Tide Consulting website.
(2) The holding procedures of this Shareholders' Meeting
This Shareholders' Meeting was held in a combination of on-site voting and online voting. On May 29, 2026, at 14:00, this Shareholders' Meeting was held as scheduled in the conference room on the 6th floor of the Company located at No. 223, Jiangning District, Nanjing, presided over by Mr. Chen Jie, the Chairman of the Company. The voting time through the Shenzhen Stock Exchange trading system was from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on May 29, 2026; the voting time through the internet voting platform was from 9:15 to 15:00 on May 29, 2026.