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JunHe LLP Supplementary Legal Opinion (IV) on Guangzhou Xinbang Intelligent Equipment Co., Ltd.'s Issuance of Shares and Cash Payment for Asset Acquisition, Raising of Supporting Funds, and Related Party Transactions

Xinbang Intelligent Co., Ltd.··54 pages

✨ AI Summary

This document is the fourth supplementary legal opinion issued by JunHe LLP regarding the asset acquisition and fundraising plan of Guangzhou Xinbang Intelligent Equipment Co., Ltd. It updates previous legal opinions to reflect the company's financial status for the 2023–2025 reporting period. The opinion confirms the validity of the transaction and the legal compliance of the materials provided by the involved parties. It serves as a necessary legal filing for the ongoing restructuring project.

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Full Translation

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JunHe LLP Supplementary Legal Opinion (IV)

To: Guangzhou Xinbang Intelligent Equipment Co., Ltd.

JunHe LLP (hereinafter referred to as "this Firm") is a law firm registered and practicing in accordance with the law at the Beijing Municipal Bureau of Justice.

Commissioned by Guangzhou Xinbang Intelligent Equipment Co., Ltd. (hereinafter referred to as "Xinbang Intelligent"), this Firm serves as the special legal counsel for Xinbang Intelligent's proposed issuance of shares and payment of cash to acquire 100% of the shares of Wuxi Yindixin Microelectronics Technology Co., Ltd. (hereinafter referred to as "Yindixin Micro" or the "Target Company") held by relevant shareholders (hereinafter referred to as the "Counterparties"), and the raising of supporting funds by issuing shares to no more than 35 specific investors (hereinafter referred to as the "Restructuring" or the "Transaction").

In accordance with the Company Law, the Securities Law, the Administrative Measures for the Takeover of Listed Companies, the Administrative Measures for the Material Asset Restructuring of Listed Companies, the Administrative Measures for the Issuance of Securities, and other relevant laws, regulations, and normative documents of the People's Republic of China (for the purpose of this supplementary legal opinion, excluding Hong Kong, Macau, and Taiwan, hereinafter referred to as "China"), this Firm has previously issued the following legal documents:

  1. Legal Opinion on the Issuance of Shares and Cash Payment for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Guangzhou Xinbang Intelligent Equipment Co., Ltd., issued on October 27, 2025.

  2. Supplementary Legal Opinion (I) on the Issuance of Shares and Cash Payment for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Guangzhou Xinbang Intelligent Equipment Co., Ltd., issued on November 13, 2025.

  3. Supplementary Legal Opinion (II) on the Issuance of Shares and Cash Payment for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Guangzhou Xinbang Intelligent Equipment Co., Ltd., issued on November 24, 2025.

  4. Supplementary Legal Opinion (III) on the Issuance of Shares and Cash Payment for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Guangzhou Xinbang Intelligent Equipment Co., Ltd., issued on July 27, 2026.

The above documents are collectively referred to as the "Issued Legal Documents."

Given that Zhixin has audited the financial status of Yindixin Micro for the years 2023, 2024, and 2025 (hereinafter referred to as the "Reporting Period") and issued the Audit Report (Zhixin Shen Zi (2026) No. 310A030305), this Firm has conducted a supplementary verification of the legal matters involved in the Restructuring to ensure that the legal opinions issued by this Firm reflect changes in relevant matters from the date of issuance of the previous legal opinions to the date of this supplementary legal opinion.

This supplementary legal opinion is a supplement to the Issued Legal Documents. Unless otherwise specified in the context, the terms, definitions, and abbreviations used in this supplementary legal opinion have the same meanings as those used in the Issued Legal Documents. All statements made by this Firm in the Issued Legal Documents also apply to this supplementary legal opinion.

To issue this supplementary legal opinion, this Firm has reviewed the documents deemed necessary, made inquiries, and held discussions with relevant personnel. To ensure the authenticity, accuracy, and legality of the conclusions, this Firm has reviewed the materials provided by Xinbang Intelligent, the Target Company, and the Counterparties, and relies on the following guarantees:

  1. Xinbang Intelligent, the Target Company, and the Counterparties have provided all original written materials, copies, scans, photocopies, or oral testimonies necessary for the issuance of this legal document, and there are no falsehoods, omissions, or concealments.

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