Legal Opinion
Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Bonds to Unspecified Targets and Listing on the Shenzhen Stock Exchange
To: Suzhou Tianmai Thermal Technology Co., Ltd.
File Number: GLG/SZ/A8571/FY/2026-658
Grandall Law Firm (Shenzhen) (hereinafter referred to as the "Firm") has, pursuant to the "Special Legal Advisor Agreement" signed with Suzhou Tianmai Thermal Technology Co., Ltd. (hereinafter referred to as the "Issuer"), served as the special legal advisor for the Issuer's current issuance of convertible corporate bonds to unspecified targets (hereinafter referred to as the "Current Issuance"). On December 5, 2025, the Firm issued the "Lawyer's Work Report of Grandall Law Firm (Shenzhen) Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as the "Work Report") and the "Legal Opinion of Grandall Law Firm (Shenzhen) Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as the "Legal Opinion"). On January 12, 2026, the Firm issued the "Supplementary Legal Opinion (I) of Grandall Law Firm (Shenzhen) Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as "Supplementary Legal Opinion (I)"). On May 11, 2026, the Firm issued the "Supplementary Legal Opinion (II) of Grandall Law Firm (Shenzhen) Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as "Supplementary Legal Opinion (II)"). On May 22, 2026, the Firm issued the "Supplementary Legal Opinion (III) of Grandall Law Firm (Shenzhen) Regarding Suzhou Tianmai Thermal Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as "Supplementary Legal Opinion (III)"). In accordance with the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Securities Offerings by Listed Companies," the "Administrative Measures for Securities Issuance and Underwriting," the "Listing Rules of the Shenzhen Stock Exchange (2026 Revision)," the "Administrative Measures for Law Firms Engaging in Securities Legal Business," and the "Practice Rules for Securities Legal Business of Law Firms (Trial)," and other relevant laws, regulations, and regulations of the China Securities Regulatory Commission, and in accordance with the generally accepted business standards, ethical norms, and diligent and responsible spirit of the legal profession, the Firm hereby issues this Legal Opinion.
This Legal Opinion is solely for the purpose of the Issuer's Current Issuance and shall not be used for any other purpose.
The terms, names, and abbreviations used in this Legal Opinion shall have the same meanings as those in the "Legal Opinion," "Work Report," and subsequent supplementary legal opinions (if any, the latter shall prevail), unless otherwise specified or given new meaning in this Legal Opinion.
The Firm's lawyers have reviewed and verified the relevant documents and facts provided by the Issuer in accordance with the generally accepted business standards, ethical norms, and diligent and responsible spirit of the legal profession. The Legal Opinion is hereby issued as follows: