Beijing Jiayuan law firm
About Kuang-Chi Technologies Co.Ltd(002625)
Legal opinion of the second extraordinary general meeting of shareholders in 2021
4th floor, ocean building, 158 fuxingmennei street, Xicheng District
Beijing, China
Beijing · Shanghai · Shenzhen · Hong Kong · Guangzhou · Xi’an Xi’an
To: Kuang-Chi Technologies Co.Ltd(002625)
Beijing Jiayuan law firm
About Kuang-Chi Technologies Co.Ltd(002625)
Legal opinion of the second extraordinary general meeting of shareholders in 2021
Jiayuan (2021) – 04-740 Dear Sirs:
Entrusted by Kuang-Chi Technologies Co.Ltd(002625) (hereinafter referred to as “the company”), Beijing Jiayuan law firm (hereinafter referred to as “the firm”) appointed lawyers to attend the second extraordinary general meeting of shareholders of the company in 2021 (hereinafter referred to as “the general meeting of shareholders”) and carried out necessary verification. Now, in accordance with the company law of the people’s Republic of China and the rules for the general meeting of shareholders of listed companies And other laws and regulations as well as the articles of Association (hereinafter referred to as the “articles of association”) give legal opinions on the convening and convening procedures of the general meeting of shareholders, the qualifications of the convener and participants, voting procedures, voting results and other matters as follows:
1、 Convening and convening procedures of the general meeting of shareholders
1. The general meeting of shareholders is convened by the board of directors of the company. On December 7, 2021, the 14th meeting of the Fourth Board of directors of the company decided to convene the second extraordinary general meeting of shareholders in 2021.
2. On December 8, 2021, the company held the general meeting in Shanghai Securities News and securities times Securities Daily and cninfo (www.cn. Info. Com.. CN.) issued relevant announcements on the notice of convening the general meeting of shareholders. The announcement specified the time, place, meeting method, deliberation items, registration methods and contacts of shareholders attending the meeting, etc.
3. The general meeting of shareholders is held by combining on-site voting and online voting. The company provides shareholders with a voting platform in the form of network through the trading system of Shenzhen Stock Exchange and the Internet voting system.
4. The on-site meeting of the general meeting of shareholders will be held at 14:00 p.m. on Thursday, December 23, 2021, in the conference room on the third floor of software building, No. 9, Gaoxin Zhongyi Road, Nanshan District, Shenzhen.
5. The time for shareholders to vote online through the trading system of Shenzhen stock exchange is 9:15-9:25 a.m., 9:30-11:30 a.m. and 13:00-15:00 p.m. on December 23, 2021. The time for online voting through the Internet voting system of Shenzhen stock exchange is any time from 9:15 a.m. to 15:00 p.m. on December 23, 2021.
6. Mr. Liu ruopung, chairman of the company, was unable to attend and preside over the shareholders’ meeting due to business trip. More than half of the directors of the company jointly elected Mr. Zhang Yangyang to preside over the meeting.
7. At 14:00 p.m. on December 23, 2021, the on-site meeting of the general meeting of shareholders was held as scheduled in the conference room on the third floor of software building, No. 9, Gaoxin Zhongyi Road, Nanshan District, Shenzhen. The meeting was presided over by Mr. Zhang Yangyang, director of the company. The exchange believes that the convening and convening procedures of this general meeting of shareholders comply with the provisions of relevant laws and regulations and the articles of association.
2、 Qualification of attendees of the general meeting of shareholders
1. According to the registration data, power of attorney and other supporting documents of shareholders or their entrusted agents attending the on-site meeting of the company and the data provided by Shenzhen Securities Information Co., Ltd., there are 109 shareholders or their entrusted agents attending the on-site meeting of shareholders and shareholders voting through the Internet, representing 953166241 shares, Accounting for 44.2389% of the total voting shares of the company.
2. Some directors, supervisors, senior managers and lawyers of the company attended the shareholders’ meeting.
The exchange believes that the qualification of the participants of the general meeting of shareholders meets the provisions of relevant laws and regulations and the articles of association.
3、 Voting procedures and results of the general meeting of shareholders
（1） The shareholders’ meeting deliberated the proposals listed in the meeting notice, and the meeting voted by combining on-site voting and online voting. The shareholders attending the on-site meeting of the general meeting of shareholders and their entrusted agents voted on the matters listed in the meeting notice one by one by voting, and the shareholders using online voting voted through the trading system and Internet voting system of Shenzhen Stock Exchange.
（2） After the on-site voting of the shareholders’ meeting, the shareholders’ representatives, supervisors’ representatives and lawyers of the company shall supervise the on-site voting.
（3） After the online voting of the general meeting of shareholders, Shenzhen Securities Information Co., Ltd. provided the company with the voting statistics of the online voting.
（4） According to relevant rules, the voting results of on-site voting and online voting were combined and counted. All proposals considered at the meeting were legally passed. The details are as follows:
1. The proposal on continuing to use some idle raised funds for cash management was deliberated and adopted. The voting results: 949046548 shares were agreed, accounting for 99.5678% of the total voting shares attending the meeting; 4112693 opposed shares, accounting for 0.4315% of the total voting shares attending the meeting; 7000 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0007% of the total voting shares attending the meeting.
Among them, Small and medium investors (refer to shareholders other than directors, supervisors, senior managers and shareholders who individually or jointly hold more than 5% of the company’s shares) voting results: 20919412 shares were agreed, accounting for 83.5470% of the total number of valid voting shares held by small and medium-sized investors attending the meeting; 4112693 shares were opposed, accounting for 16.4251% of the total number of valid voting shares held by small and medium-sized investors attending the meeting; 7000 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0280% of the total number of valid voting shares held by small and medium-sized investors attending the meeting.
2. The proposal on renewing the appointment of accounting firms was deliberated and adopted
Voting results: 950794118 shares were approved, accounting for 99.7511% of the total voting shares attending the meeting; 2287323 opposed shares, accounting for 0.2400% of the total voting shares attending the meeting; 84800 shares were abstained (including 0 shares by default due to non voting), accounting for 0.0089% of the total voting shares attending the meeting.
Among them, Small and medium investors (refer to shareholders other than directors, supervisors, senior managers and shareholders who individually or jointly hold more than 5% of the company’s shares) voting results: 22666982 shares were agreed, accounting for 90.5263% of the total number of valid voting shares held by small and medium-sized investors attending the meeting; 2287323 shares were opposed, accounting for 9.1350% of the total number of valid voting shares held by small and medium-sized investors attending the meeting; abandoned 84800 shares (of which 0 shares abstained due to non voting), accounting for 0.3387% of the total number of valid voting shares held by small and medium-sized investors attending the meeting.
4、 Concluding observations
To sum up, the exchange believes that the convening and convening procedures of the general meeting of shareholders are legal, the qualifications and voting procedures of the convener and participants are in accordance with relevant laws and regulations and the articles of association, the voting results are legal and valid, and the resolutions adopted at the general meeting of shareholders are legal and valid.
The exchange agrees that this legal opinion shall be reported and announced together with other information disclosure materials of the company’s general meeting of shareholders, and shall not be used for any other purpose without the consent of the exchange.
(there is no text below this page)
(there is no text on this page, which is the signature page of the legal opinion of Beijing Jiayuan law firm on Kuang-Chi Technologies Co.Ltd(002625) the second extraordinary general meeting of shareholders in 2021)
Head of Beijing Jiayuan law firm: Yan Yu
Handling lawyer: Su dunyuan
Wang Hao
specific date
