Grandway Law Offices Legal Opinion on the Application of Jian Mankun Technology Co., Ltd. for Issuance of Convertible Corporate Bonds to Unspecified Targets

Grandway Law Offices

Legal Opinion on the Application of Jian Mankun Technology Co., Ltd. for Issuance of Convertible Corporate Bonds to Unspecified Targets

Grandway Legal Opinion [2025] No. AN211-1

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Table of Contents

Definitions 2

1. Approval and Authorization of the Issuance 7

2. Issuer's Subject Qualification for the Issuance 7

3. Substantive Conditions for the Issuance 7

4. Independence of the Issuer 10

5. Major Shareholders and Actual Controllers of the Issuer 10

6. Share Capital and Evolution Since Listing 11

7. Business of the Issuer 11

8. Related Party Transactions and Horizontal Competition 12

9. Major Assets of the Issuer 13

10. Major Creditor's Rights and Debts of the Issuer 13

11. Major Asset Changes and Mergers and Acquisitions of the Issuer 14

12. Formulation and Amendment of the Articles of Association 15

13. Rules of Procedure and Standardized Operation of Shareholders' Meeting and Board of Directors 15

14. Directors, Supervisors, and Senior Management of the Issuer and Their Changes 15

15. Taxation of the Issuer 16

16. Environmental Protection, Product Quality, and Technical Standards of the Issuer 16

17. Use of Proceeds by the Issuer 16

18. Business Development Goals of the Issuer 17

19. Litigation, Arbitration, or Administrative Penalties 17

20. Evaluation of Legal Risks in the Prospectus 18

21. Conclusion 18

Definitions

Unless the context otherwise requires, the following terms or abbreviations have the following meanings: