Taihota (Chongqing) Law Firm’s Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
Taihota (Chongqing) Law Firm
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Chongqing Taiji Industrial (Group) Co., Ltd.’s first extraordinary shareholders’ meeting in 2026
legal opinion
China • 36th Floor, Fortune Financial Center, No. 1 Fortune Avenue, Liangjiang New District, Chongqing
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LiangjiangNewArea,Chongqing,People’sRepublicofChina
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About
Chongqing Taiji Industrial (Group) Co., Ltd.
The first extraordinary shareholders' meeting in 2026
of
legal opinion
(2026) Tailuyizi (Taiji Group) No. 001
To: Chongqing Taiji Industrial (Group) Co., Ltd.
In accordance with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), the China Securities Regulatory Commission's Rules of Shareholders' Meetings of Listed Companies (hereinafter referred to as the "Shareholders' Meeting Rules") and other currently effective laws, administrative regulations and other normative documents, as well as the "Chongqing Taiji Industrial (Group) Co., Ltd. (hereinafter referred to as the "Articles of Association"), Tahota (Chongqing) Law Firm (hereinafter referred to as the "firm") accepts the entrustment of Chongqing Taiji Industrial (Group) Co., Ltd. (hereinafter referred to as the "company") and assigns our lawyers to attend the company's The first extraordinary shareholders' meeting in 2026 (hereinafter referred to as the "shareholders' meeting") will witness the legality of this shareholders' meeting and issue this legal opinion in accordance with the law.
Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
This legal opinion is only for the purpose of this shareholders’ meeting. Our firm and our lawyers agree that this legal opinion will be announced together with the company’s resolutions and other information disclosure materials of this shareholders’ meeting.
This legal opinion only expresses opinions on the convening and convening procedures of this shareholders' meeting, the qualifications of the personnel attending this shareholders' meeting, the qualifications of the convener, the voting procedures of the meeting and whether the voting results are in compliance with the "Company Law", "Shareholders' Meeting Rules" and other currently effective laws, administrative regulations and other normative documents, as well as the provisions of the "Articles of Association". It does not express an opinion on the content of the motion under consideration and the authenticity, legality and accuracy of the facts or data expressed in the motion.
In view of this, in accordance with the requirements of the above-mentioned laws, administrative regulations and normative documents, and in accordance with the business standards, ethics and diligence and diligence recognized by the lawyer industry, our lawyers hereby issue the following legal opinions:
1. Convening, convening procedures and qualifications of the convener of this shareholders’ meeting
(1) After verification, the company announced on February 7, 2026 in the "Shanghai Securities News", "China Securities News", "Securities Times", "Securities Daily" and the Shanghai Stock Exchange website (www.sse.com.cn) "Chongqing Taiji Industrial (Group) Co., Ltd. Regarding the Convening of the 2026 Notice of the First Extraordinary Shareholders Meeting of the Year (hereinafter referred to as the "Meeting Notice"), which announced the time and place of the shareholders' meeting, matters to be considered, voting precautions, attendees of the meeting, meeting registration methods and other matters.
According to the "Meeting Notice", the resolutions to be considered at this shareholders' meeting are:
Proposal on the estimated amount of daily related-party transactions of the company in 2026;
Proposal regarding the postponement of the company’s actual controller’s commitment to horizontal competition.
The on-site meeting of the shareholders' meeting was held at 14:00 on February 27, 2026 in the company's 1201 conference room at No. 18 Hengshan East Road, Liangjiang New District, Chongqing. The meeting was chaired by the company's chairman Yu
Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
Mr. Min hosted. After verification by our lawyers, the actual time, location, method and matters discussed at the shareholders’ meeting were consistent with the relevant content stated in the “Meeting Notice”.
After verification, this shareholders’ meeting was held through a combination of online voting and on-site voting. On February 27, 2026, the company provided an online voting platform to public shareholders through the Shanghai Stock Exchange Shareholders’ Meeting online voting system and Internet voting platform.
After verification, the convener of this shareholders’ meeting is the company’s board of directors.
After verification, our lawyers believe that the convening, convening procedures and convener’s qualifications of this shareholders’ meeting comply with the relevant provisions of the “Company Law”, “Shareholders’ Meeting Rules” and other laws, administrative regulations and other normative documents, as well as the “Articles of Association”, and are legal and valid.
2. Qualifications of personnel attending this shareholders’ meeting
(1) Shareholders attending this shareholders’ meeting
According to the identity certificates and other information provided by the company for shareholders attending this shareholders' meeting and the data provided by Shanghai Stock Exchange Information Network Co., Ltd., a total of 1,237 shareholders and shareholder proxies participated in the on-site meeting and online voting, representing 89,365,094 shares of the company with voting rights, accounting for 23.1910% of the company's total shares with voting rights. Among them, a total of 166,074,919 shares held by related shareholders Taiji Group Co., Ltd., Chongqing Fuling District Xilan Biotechnology Co., Ltd., and Chongqing Taiji Medicinal Animal and Plant Resources Development Co., Ltd. abstained from voting and did not participate in the vote. Our lawyers checked the identity certificates and other documents of shareholders attending the on-site meeting and confirmed that their qualifications to participate in the meeting were legal and valid. The qualifications of shareholders who participate in voting through the online voting system will be verified by the Shanghai Stock Exchange's online voting system.
After verification, the above-mentioned shareholders and authorized representatives all hold legal certificates for attending the meeting, and their qualifications to attend the meeting are legal and valid.
(2) Other persons attending the shareholders’ meeting
Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
After verification, the other persons attending the shareholders' meeting were the company's directors, senior managers and lawyers of the firm.
Our lawyers believe that in accordance with the provisions of the Company Law, Rules of Shareholders' Meetings and other laws, administrative regulations and other normative documents, as well as the Articles of Association, the above-mentioned persons are qualified to attend this shareholders' meeting, and their qualifications to attend the meeting are legal and valid.
3. Voting procedures and results of this shareholders’ meeting
(1) Voting procedures for this shareholders’ meeting
Shareholders at this shareholders' meeting voted in accordance with the procedures stipulated in the "Shareholders' Meeting Rules" and the "Articles of Association" on the proposals listed in the "Meeting Notice" by registered ballot.
After verification, the shareholders and authorized representatives who attended the company's on-site shareholders' meeting voted on the matters listed in the "Meeting Notice" by on-site registered voting. Our lawyers and shareholder representatives counted and supervised the on-site registered voting and announced the voting results on the spot. The online voting of this shareholders' meeting shall be based on the voting statistics provided by SSE Information Network Co., Ltd.
(2) Voting results of this shareholders’ meeting
- "Proposal on the Estimated Amount of Daily Related Transactions of the Company in 2026"
80,260,741 shares agreed, accounting for 89.8121% of the total voting shares held by shareholders attending the meeting; 8,295,853 shares opposed, accounting for 9.2831% of the total voting shares held by shareholders attending the meeting; 808,500 shares abstained, accounting for 0.9048% of the total voting shares held by shareholders attending the meeting.
Among them, the voting results of the small and medium-sized investors attending this shareholders' meeting were as follows: 36,165,404 shares were approved, accounting for 79.8886% of the total voting shares held by small and medium-sized investors attending the meeting; 8,295,853 shares were opposed, accounting for 79.8886% of the total voting shares held by small and medium-sized investors attending the meeting.
Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
18.3253% of the total shares; 808,500 shares abstained from voting, accounting for 1.7861% of the total voting shares held by small and medium-sized investors attending the meeting.
Regarding the review of this proposal, a total of 166,074,919 shares held by related shareholders Taiji Group Co., Ltd., Chongqing Fuling District Xilan Biotechnology Co., Ltd., and Chongqing Taiji Medicinal Animal and Plant Resources Development Co., Ltd. abstained from voting and did not participate in the vote.
- "Proposal on the Company's Actual Controller's Delay in Fulfilling Commitments on Horizontal Competition"
77,575,333 shares agreed, accounting for 86.8071% of the total voting shares held by shareholders attending the meeting; 11,647,161 shares opposed, accounting for 13.0332% of the total voting shares held by shareholders attending the meeting; 142,600 shares abstained, accounting for 0.1597% of the total voting shares held by shareholders attending the meeting.
Among them, the voting results of the small and medium-sized investors attending the shareholders' meeting were as follows: 33,479,996 shares were approved, accounting for 73.9566% of the total voting shares held by small and medium-sized investors attending the meeting; 11,647,161 shares were opposed, accounting for 25.7283% of the total voting shares held by small and medium-sized investors attending the meeting; 142,600 abstained. shares, accounting for 0.3151% of the total voting shares held by small and medium-sized investors attending the meeting.
Regarding the review of this proposal, a total of 166,074,919 shares held by related shareholders Taiji Group Co., Ltd., Chongqing Fuling District Xilan Biotechnology Co., Ltd., and Chongqing Taiji Medicinal Animal and Plant Resources Development Co., Ltd. abstained from voting and did not participate in the vote.
After verification, the matters considered and voted on at this shareholders' meeting were consistent with the proposals listed in the "Meeting Notice", and all were passed; there were no modifications to the original proposals, new proposals, or voting on matters not listed in the "Meeting Notice."
After verification, our lawyers believe that the voting procedures and results of this shareholders’ meeting are in compliance with the provisions of the Company Law, the Rules of Shareholders’ Meetings and other laws, administrative regulations and other normative documents, as well as the Articles of Association, and that the voting procedures and results are legal and valid.
Legal Opinion Regarding the First Extraordinary Shareholders Meeting of Chongqing Taiji Industrial (Group) Co., Ltd. in 2026
4. Conclusions
Based on the above facts, our firm and our lawyers believe that the convening, convening procedures, qualifications of the convener, qualifications of personnel attending this shareholders' meeting, voting procedures and voting results and other related matters of the company's shareholders' meeting comply with the provisions of the "Company Law", "Shareholders' Meeting Rules" and other laws, administrative regulations and other normative documents, as well as the "Articles of Association". The resolution of the company's shareholders' meeting is legal and valid. This legal opinion will be legally binding after it is signed by our handling lawyer and stamped with the official seal of Tahota (Chongqing) Law Firm.
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