Eurocentric: Lawyer’s Work Report on the Initial Public Offering and Listing of the Company by Beijing Tianyuan Law Firm

Beijing Tianyuan Law Firm on Inner Mongolia Oujing Technology Co.

Initial public offering and listing of shares

Lawyer Work Report

Beijing Tianyuan Law Firm

10/F., Insurance Building, No. 28, Fengsheng Hutong, Xicheng District, Beijing, P.R. China The Pacific Securities Co.Ltd(601099)

100032

Beijing Tianyuan Law Firm

on the initial public offering and listing of shares of Inner Mongolia Eurocrystal Technology Co.

Initial public offering and listing of shares

Lawyer Work Report

To: Inner Mongolia Eurochip Technology Co.

Beijing Tianyuan Law Firm (hereinafter referred to as “the Firm”) was appointed by Inner Mongolia Oujing Technology Co. (hereinafter referred to as the “Issuer”) to issue legal opinions for the Issuer’s initial public offering and listing (hereinafter referred to as the “Issue and Listing”).

Measures for the Administration of Securities Law Practice by Law Firms”, “Rules for the Practice of Securities Law Practice by Law Firms (for Trial Implementation)” and “Opinions on Furthering the Reform of the New Issue System” (CSRC Announcement [2013] No. 42) and other relevant laws and regulations and the relevant regulations of the China Securities Regulatory Commission (hereinafter referred to as “CSRC”). (hereinafter referred to as “CSC”), and in accordance with the recognized business standards, ethics and diligence of the legal profession, we have issued the “Lawyer’s Work Report on the Initial Public Offering and Listing of Inner Mongolia Oujing Technology Co.)

Based on the above-mentioned laws, regulations and relevant provisions of the CSRC and the facts that have occurred or existed before the date of this Lawyer’s Work Report, the Firm and its lawyers have strictly performed their statutory duties, followed the principles of diligence and honesty and credit, and fully verified the issuer’s conduct and the legality and compliance of the issue application, and ensured that the facts identified in this Lawyer’s Work Report are true, accurate and complete. We guarantee that the facts identified in this attorney’s work report are true, accurate, complete and the concluding opinions expressed are legal and accurate, and there are no false records, misleading statements or material omissions, and we assume the corresponding legal responsibilities.

This attorney’s work report is for the purpose of the issuer’s issuance and listing and shall not be used for any other purpose. The Firm agrees to submit this attorney’s work report as a statutory document required for the issuer’s issuance and listing, together with other application materials for public offering of shares.

Table of Contents

Table of Contents ….. .3 Definition of Terms ….. .5 Part I. Introduction ….. .8 I. Introduction to the Firm and the undersigned attorneys ….. .8 II. The process of producing legal opinions and this attorney’s work report by our attorneys ….. .9 Part II Main text ….. .12 I. Approval and authorization for the issue and listing ….. .12 II. Qualifications of the issuer for the issue and listing ….. .15 III. Substantial conditions for the issue and listing ….. .16 IV. Establishment of the issuer ….. .22 V. Independence of the Issuer ….. .27 VI. Promoters and shareholders of the issuer ….. .29 VII. Share capital of the issuer and its evolution ….. .37 VIII. Business of the Issuer ….. .45 IX. Connected Transactions and Intercompany Competition ….. .48 x. Principal properties of the issuer ….. .75 xi. Significant debts and liabilities of the issuer ….. .94 xii. Significant changes in the issuer’s assets and acquisitions and mergers ….. .103 XIII. Formulation and amendment of the issuer’s articles of association ….. .104 XIV. Rules of procedure of the general meeting, board of directors and supervisory committee of the issuer and the regulation of their operations ….. .106 XV. Directors, supervisors and senior management of the issuer and changes therein ….. .110 xvi. Taxation of the issuer ….. .116 xvii. Environmental protection, product quality, labor and social security of the issuer ….. .121 XVIII. Use of the issuer’s proceeds ….. .123

XIX. Business development objectives of the issuer ….. .124 xx. Litigation, arbitration or administrative penalties ….. .124 xxi. Evaluation of the legal risks of the issuer’s Prospectus (filing) ….. .125 xxii. Other issues considered by the lawyer as requiring clarification ….. .125 xxiii. Concluding comments ….. .127

Definition of Terms

Unless otherwise explained in the context, the following abbreviations mentioned in this attorney’s report shall have the following meanings: Issuer, Company or OJSC

Ltd. (i.e. the predecessor of Euromonitor Technology)

Yuyao Hengxing” Yuyao Hengxing Pipe Industry Co.

Huake Xinneng” Huake Xinneng (Tianjin) Technology Development Co.

Wanzhao Huigu” Tianjin Wanzhao Huigu Real Estate Co.

Orton Technology” Hohhot Orton Energy Technology Co.

Ouchuan Technology” Tianjin Ouchuan Environmental Protection Technology Company Limited, formerly known as “Huake Xinneng (Tianjin) Energy Saving Technology Co.

Ouqing Technology” Yixing Ouqing Environmental Protection Technology Co.

Tianjin Branch” the Tianjin Branch of Hohhot Ou Tong Energy Technology Co.

Hohhot Branch” Hohhot Branch of Tianjin Ouchuan Environmental Protection Technology Co.

Zhonghuan Photovoltaic” Inner Mongolia Zhonghuan Photovoltaic Materials Co.

GCL Zhonghuan” Inner Mongolia Zhonghuan GCL Photovoltaic Materials Co.

Tianjin Huanuo” Tianjin Huanuo Semiconductor Material Technology Co.

Ningxia Jinglong” Ningxia Jinglong Quartz Co.

Jiangsu Hongbo” Jiangsu Hongbo New Energy Co.

Tianjin Lihexin” Tianjin Lihexin Energy Conservation and Environmental Protection Technology Co.

Jiangyin Longyuan” Jiangyin Longyuan Quartz Products Co.

Beijing Yabu” Beijing Yabu Shiguang Lighting Equipment Co.

Tianjin Zhonghuan Semiconductor Co.Ltd(002129) Tianjin Zhonghuan Semiconductor Co.Ltd(002129)

Zhonghuan Group” Tianjin Zhonghuan Electronic Information Group Company Limited, formerly known as “Tianjin Zhonghuan Electronic Information Group Company Limited

Wanzhao Investment” Tianjin Wanzhao Investment Development Group Co.

GCL Ningxia” Ningxia GCL Crystal Technology Development Co.

Youyan Semiconductor” Youyan Semiconductor Materials Co.

Tianjin Kangdid” Tianjin Kangdid Technology Co.

Tianjin Biliyu” Tianjin Biliyu Technology Development Co.

Our Firm” Beijing Tianyuan Law Firm

Beijing Tianyuan Law Firm (2020) No. 378 “Beijing Tianyuan Law Firm’s Legal Opinion on Inner Mongolia” the legal opinion on the initial public offering and listing of shares of GOUOJING Technology Co.

Beijing Tianyuan Law Firm’s Report on the Work of the Inner Lawyer No. 378-1 on the Initial Public Offering and Listing of Shares of Mongolia Eurocentric Technology Co.

Issue and Listing” the initial public offering and listing of the Issuer’s shares of RMB ordinary shares (A Shares)

Prospectus (Disclosure Draft)” the prospectus for the initial public offering of shares of Inner Mongolia Eurocrane Technology Co.

Audit Report” the report dated 15 April 2020 issued by Baker Tilly International with the number Baker Tilly [2020] 9037

Ltd. issued by Baker Tilly International on 15 April 2020 with the number of Baker Tilly [2020] 9037

Internal Control Assurance Report” the internal control assurance report issued by Baker Tilly International dated 15 April 2020 and numbered Baker Tilly [2020] 9037.

Internal Control Assurance Report” Internal Control Assurance Report of Inner Mongolia Oujing Technology Co.

Internal Control Assurance Report” No. [2020] 9037-4 issued by Baker Tilly International dated 15 April 2020

Tax Audit Report” the “Tax Audit Report on Major Taxes of Inner Mongolia Oujing Technology Co.

Baker Tilly International’s “Report on Special Review of Capital Verification” issued by Baker Tilly International on 21 April 2020

Capital Verification Special Review Report” the “Capital Verification Special Review Report of Inner Mongolia Eurocrystal Technology Co.

Reporting Period” the years 2017, 2018 and 2019

Company Law” the Company Law of the People’s Republic of China

Securities Law” the Securities Law of the People’s Republic of China

Measures for the Administration of Initial Public Offering” the Measures for the Administration of Initial Public Offering and Listing of Stocks

Listing Rules” the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange

Articles of Association” the Articles of Association of Inner Mongolia Oujing Technology Company Limited and its successive amendments

Articles of Association (Draft)” the articles of association of the Issuer applicable after the listing of the Issuer as amended after consideration at the Third Extraordinary General Meeting of the Issuer in 2020

CSRC” China Securities Regulatory Commission

Stock Transfer System” the National System for the Transfer of Shares of Small and Medium Enterprises

Stock Transfer Company” National Small and Medium Enterprises Stock Transfer System Limited Liability Company

Tianjin SASAC” State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government

Guosen Securities Co.Ltd(002736) , Lead Underwriter, Sponsor Guosen Securities Co.Ltd(002736) Sponsor

Baker Tilly International” Baker Tilly International CPA (Special General Partnership)

PRC” the People’s Republic of China, for the purpose of this attorney’s report only, excluding the Hong Kong Special Administrative Region, the Macau Special Administrative Region and Taiwan

Yuan, RMB” RMB Yuan, RMB 10,000

Note: Any discrepancy between the total and the sum of the fractions in this Lawyer’s Report is due to rounding.

Part I Introduction

I. Introduction of the Firm and the undersigned lawyers

The Firm was incorporated in Beijing in 1994 and its practice areas include, but are not limited to, mergers and acquisitions and property rights transactions, finance, securities and futures, real estate, intellectual property, litigation and arbitration and claims. The undersigned lawyers of the Firm for the issuer’s current offering and listing are Zhong Wenhai and Xu Yunpeng, whose practice and contact information are as follows.

(I) Zhong Wenhai Lawyer

Mr. Zhong Wenhai, graduated from the Law School of Southwest University, obtained a master’s degree in law and is qualified as a lawyer in China, mainly engaged in legal services in corporate investment, asset restructuring, corporate acquisition and merger, private equity fund and stock issuance and listing.

Mr. Zhong Wenhai currently holds a valid practicing certificate and has not had his practicing certificate revoked, nor has he been subject to any securities market entry ban by the China Securities Regulatory Commission or any suspension of practice by the judicial administrative authorities.

Contact Address: 1-1 Center Road 4, Futian District, Shenzhen, Guangdong Province, China

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