Shanghai Guangfa Law Firm
Legal Opinion on the Issuance of Shares to Specific Targets by Luoyang Xinqianglian Slewing Bearing Co., Ltd.
To: Luoyang Xinqianglian Slewing Bearing Co., Ltd.
Shanghai Guangfa Law Firm (hereinafter referred to as "this Firm") has been engaged by Luoyang Xinqianglian Slewing Bearing Co., Ltd. to act as special legal counsel for its application to issue shares to specific targets. In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, the Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange (2025 Revision), the Compilation Rules for Information Disclosure by Companies Offering Securities to the Public No. 12—Legal Opinions and Lawyer's Work Reports for Securities Offerings, the Administrative Measures for Law Firms Engaging in Securities Legal Business, and the Practice Rules for Law Firms Engaging in Securities Legal Business (Trial), and other relevant laws, regulations, and normative documents, and in accordance with recognized professional standards, ethical norms, and the spirit of diligence and responsibility in the legal profession, this Firm hereby issues this legal opinion.
Part I Introduction
I. Meaning of Abbreviations in this Legal Opinion
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CSRC: Refers to the China Securities Regulatory Commission;
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SZSE: Refers to the Shenzhen Stock Exchange;
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Issuer, Xinqianglian, Company: Refers to Luoyang Xinqianglian Slewing Bearing Co., Ltd., which was established through the overall transformation of Luoyang Xinqianglian Slewing Bearing Co., Ltd.;
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Xinqianglian Limited: Refers to Luoyang Xinqianglian Slewing Bearing Co., Ltd.;
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Promoters: Refers to Xiao Zhengqiang, Xiao Gaoqiang, Haitong Kaiyuan Investment Co., Ltd., Shanghai Huijin Investment Center (Limited Partnership), Wuxi Guolian Zhuocheng Venture Capital Co., Ltd., Yan Mingxin, Hao Wenlu, Cheng Jianguo, Fang Zhongqing, Zhang Zhanpu, Wang Zhenhu, Zhen Wusong, Wang Puqiang, Chao Yumei, Ren Haisheng, Zhao Junfei, Tang Huixian, Sun Xiaohu, Li Huaqing, Wu Qun, Ding Kefeng, Du Xin, Chen Guanyong, Sun Changqing, Jia Yongjie, Li Xiaohui, Cao Jing, Li Jindao, Yuan Xinyu, Pan Deng, Wang Xiangkui, Peng Changliang, and Jing Xiaofeng;
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Shengjiu Forgings: Refers to Luoyang Shengjiu Forgings Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Xintuo Copper: Refers to Luoyang Xintuo Copper Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Da Vinci Precision: Refers to Luoyang Da Vinci Precision Bearing Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Haipusen: Refers to Luoyang Haipusen High-Precision Rolling Elements Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Xinqianglian Industrial: Refers to Xinqianglian (Shanghai) Industrial Technology Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Qixin Technology: Refers to Luoyang Qixin Technology Development Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Xinsheng New Energy: Refers to Luoyang Xinsheng New Energy Co., Ltd., a wholly-owned subsidiary of the Issuer;
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Fengzhao New Energy: Refers to Luoyang Fengzhao New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Xinqi New Energy: Refers to Luoyang Xinsheng Xinqi New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Shengyi New Energy: Refers to Luoyang Shengyi New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Xinlan New Energy: Refers to Luoyang Xinsheng Xinlan New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Lipin New Energy: Refers to Luoyang Lipin New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Chenxi New Energy: Refers to Luoyang Chenxi New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;
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Fuji New Energy: Refers to Luoyang Xinsheng Fuji New Energy Co., Ltd., a wholly-owned subsidiary of Xinsheng New Energy;