Beijing Grandway Law Offices
Supplementary Legal Opinion No. 11 on China Entrepreneurial Black Horse Technology Group Co., Ltd.'s Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds
Grandway Legal Certificate No. [2025]AN077-27
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GRANDWAY
Grandway Law Offices
7th and 8th Floors, News Building, No. 26 Jianguomennei Street, Dongcheng District, Beijing Postal Code: 100005
Tel: 010-88004488/66090088 Fax: 010-66090016
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China Entrepreneurial Black Horse Technology Group Co., Ltd.
Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds
Supplementary Legal Opinion No. 11
To: China Entrepreneurial Black Horse Technology Group Co., Ltd.
Pursuant to the "Lawyer Service Agreement" signed between our firm and China Entrepreneurial Black Horse, our firm has been entrusted by China Entrepreneurial Black Horse to serve as its special legal advisor for this restructuring. In accordance with relevant laws, regulations, rules, and normative documents, and adhering to the generally accepted business standards, ethical norms, and diligence of the legal profession, our lawyers have issued the "Legal Opinion of Beijing Grandway Law Offices on China Entrepreneurial Black Horse Technology Group Co., Ltd.'s Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds" (hereinafter referred to as the "Legal Opinion"), and "Supplementary Legal Opinion No. 1 to the Legal Opinion of Beijing Grandway Law Offices on China Entrepreneurial Black Horse Technology Group Co., Ltd.'s Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds," "Supplementary Legal Opinion No. 2...", "Supplementary Legal Opinion No. 3...", "Supplementary Legal Opinion No. 4...", "Supplementary Legal Opinion No. 5...", "Supplementary Legal Opinion No. 6...", "Supplementary Legal Opinion No. 7...", "Supplementary Legal Opinion No. 8...", and "Supplementary Legal Opinion No. 9..."
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Beijing Grandway Law Offices' Supplementary Legal Opinion No. 10 on China Entrepreneurial Black Horse Technology Group Co., Ltd.'s Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds.
Based on the "Letter of Opinion on the Implementation of the Deliberation Comments of the Merger and Acquisition Review Committee on the Application for Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds by China Entrepreneurial Black Horse Technology Group Co., Ltd." issued by the Shenzhen Stock Exchange and the applicant's request, our lawyers, based on further verification of the applicant's situation and the restructuring, have issued this supplementary legal opinion to modify, supplement, or further explain the relevant content of the previously issued legal opinion and supplementary legal opinions.
The statements made by our lawyers in the "Legal Opinion" also apply to this supplementary legal opinion. Unless otherwise specified, the abbreviations used in this supplementary legal opinion have the same meaning as in the "Legal Opinion."
In accordance with the requirements of the "Company Law," "Securities Law," "Administrative Measures for Securities Legal Services," and "Practice Rules for Securities Legal Services," and other relevant laws, administrative regulations, rules, and normative documents, and adhering to the generally accepted business standards, ethical norms, and diligence of the legal profession, our lawyers have investigated the facts related to this restructuring and hereby issue the supplementary legal opinion as follows:
Question 1: Please have the listed company, in conjunction with the history of the target company's largest customer, the business dealings between the two parties, and personnel overlap, further explain whether there is a relationship between them and the target company and its related parties, and whether there is any transfer of interests. Whether the relevant information disclosure is true, accurate, and complete.
Please have the independent financial advisor, accountant, and lawyer conduct verification and issue an independent opinion.