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JunHe LLP Legal Opinion on Torrance Precision Manufacturing (Jiangsu) Co., Ltd.'s Initial Public Offering and Listing on the ChiNext Market

Torrance Co., Ltd.··111 pages

✨ AI Summary

This document is a legal opinion issued by JunHe LLP regarding the initial public offering and listing of Torrance Precision Manufacturing (Jiangsu) Co., Ltd. on the Shenzhen Stock Exchange ChiNext market. It confirms the issuer's qualifications, compliance with legal requirements, and the validity of its corporate governance and operational structure. This filing serves as a formal legal verification required for the company's transition to a publicly traded entity.

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Full Translation

AI Translation· gemini_document

JunHe LLP

Regarding

Torrance Precision Manufacturing (Jiangsu) Co., Ltd.

Initial Public Offering of Shares

and Listing on the ChiNext Market of the Shenzhen Stock Exchange

Legal Opinion

December 2025

Table of Contents

Definitions 2

Main Text 10

I. Approval and Authorization of this Offering and Listing 10

II. Subject Qualifications of the Issuer for this Offering and Listing 11

III. Substantive Conditions for this Offering and Listing 11

IV. Establishment of the Issuer 16

V. Independence of the Issuer 17

VI. Promoters and Shareholders 17

VII. Share Capital and Its Evolution 18

VIII. Business of the Issuer 19

IX. Related Party Transactions and Competition 19

X. Major Assets of the Issuer 20

XI. Major Creditor Rights and Debts of the Issuer 23

XII. Major Asset Changes and Acquisitions of the Issuer 25

XIII. Formulation and Amendment of the Articles of Association 26

XIV. Rules of Procedure and Standardized Operation of the Issuer's Shareholders' Meeting, Board of Directors, and Board of Supervisors 26

XV. Directors, Supervisors, and Senior Management of the Issuer and Their Changes 27

XVI. Taxation of the Issuer 28

XVII. Environmental Protection, Product Quality, and Technical Standards of the Issuer 29

XVIII. Use of Proceeds Raised by the Issuer 30

XIX. Business Development Objectives of the Issuer 32

XX. Litigation, Arbitration, or Administrative Penalties 32

XXI. Evaluation of Legal Risks in the Issuer's Prospectus 33

XXII. Other Issues Deemed Necessary by Counsel 34

XXIII. Conclusion 36

Definitions

In this Legal Opinion, unless the context otherwise requires, the terms listed in the left column have the meanings set forth in the right column. If the sum of the total and the sub-items in this Legal Opinion does not match due to rounding, it is caused by rounding:

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