Definitions
Except where otherwise defined, the abbreviations used in this Supplementary Legal Opinion have the same meanings as those in the "Legal Opinion":
| Term | Definition |
|---|---|
| Legal Opinion | Shanghai Chengming Law Firm's Legal Opinion on the Issuance of Shares for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Xiamen Jiarong Technology Co., Ltd. |
| Supplementary Legal Opinion | Shanghai Chengming Law Firm's Supplementary Legal Opinion (I) on the Issuance of Shares for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions of Xiamen Jiarong Technology Co., Ltd. |
| Inquiry Letter Response | Xiamen Jiarong Technology Co., Ltd.'s Response to the Shenzhen Stock Exchange's "Audit Inquiry Letter on the Application for Issuance of Shares for Asset Acquisition and Raising of Supporting Funds of Xiamen Jiarong Technology Co., Ltd." |
| Jiarong Shengmei Partnership | Jiarong Shengmei Enterprise Management Consulting Partnership (Limited Partnership) |
| Xiamen Puyu Partnership Agreement | Partnership Agreement of Xiamen Puyu Investment Partnership (Limited Partnership) |
| Dejiushan International Trade | Dejiushan International Trade (Shanghai) Co., Ltd. |
| Hesheng Silicon | Hesheng Silicon Industry (Shanshan) Co., Ltd. |
| Hesheng Luzhou | Hesheng Silicon Industry (Luzhou) Co., Ltd. |
| Yuwei Biology | Hebei Yuwei Biological Technology Co., Ltd. |
| Quzhou Lanran | Quzhou Lanran New Material Co., Ltd. |
| Jiuwu Hi-Tech | Jiangsu Jiuwu Hi-Tech Co., Ltd. |
| Administrative Measures for Acquisitions | Administrative Measures for the Takeover of Listed Companies (2025 Revision) |
| Regulatory Guidance No. 1 | Guidelines for the Application of Regulatory Rules — Listing Category No. 1 |
| Detailed Implementation Rules for Market Entity Registration | Detailed Implementation Rules for the Regulations of the People's Republic of China on the Administration of Market Entity Registration |
Part I Introduction
I. Basis for Issuing this Supplementary Legal Opinion
Pursuant to the "Non-Litigation Legal Service Entrustment Agreement" signed between this firm and Jiarong Technology, this firm serves as the special legal counsel for Jiarong Technology's issuance of shares to acquire 100% of the shares of Hangzhou Lanran and the raising of supporting funds.
In accordance with the "Company Law," "Securities Law," "Administrative Measures for Restructuring," "Administrative Measures for Registration," and other relevant laws, administrative regulations, departmental rules, and normative documents, this firm was entrusted by Jiarong Technology to issue the "Legal Opinion" in June 2026 regarding the relevant legal matters involved in the issuance of shares to acquire 100% of the shares of Hangzhou Lanran and the raising of supporting funds.
In accordance with the "Audit Inquiry Letter on the Application for Issuance of Shares for Asset Acquisition and Raising of Supporting Funds of Xiamen Jiarong Technology Co., Ltd." (hereinafter referred to as the "Inquiry Letter") issued by the Listing Review Center of the Shenzhen Stock Exchange on July 3, 2026, this firm's lawyers, on the basis of verifying the relevant circumstances of the company's current transaction, have issued this Supplementary Legal Opinion to express legal opinions on the matters requested in the "Inquiry Letter."
II. Declarations for Issuing this Supplementary Legal Opinion
This firm's lawyers hereby make the following declarations regarding the issuance of this Supplementary Legal Opinion:
This firm and its practicing lawyers have strictly performed their statutory duties in accordance with the "Securities Law," "Administrative Measures for Securities Legal Services," "Practicing Rules for Securities Legal Services," and other laws, administrative regulations, departmental rules, normative documents, and relevant provisions of the China Securities Regulatory Commission (CSRC). We have followed the principles of diligence, due care, and good faith, and have conducted sufficient verification to ensure that the facts recognized in this Supplementary Legal Opinion are true, accurate, and complete, and that the conclusions reached are legal and accurate, without false records, misleading statements, or major omissions, and we assume corresponding legal liability.