Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms that Taiyuan Heavy Industry Co., Ltd.'s controlling shareholder, Taiyuan Heavy Machinery Group Co., Ltd., is legally qualified to increase its shareholding in the company through the Shanghai Stock Exchange [1][2][3]. Group 1: Shareholder Information - The controlling shareholder, Taiyuan Heavy Machinery Group Co., Ltd., holds a registered capital of 3.22 billion yuan and has been in operation since August 15, 1980 [4][5]. - As of the date of the legal opinion, Taiyuan Heavy Machinery Group is in good standing, not listed in any business abnormality records or as a serious violation of trust [5]. Group 2: Shareholding Increase Details - Prior to the increase, Taiyuan Heavy Machinery Group held 1,630,254,225 shares, accounting for 48.50% of the total share capital of Taiyuan Heavy Industry [6][7]. - The planned increase is between 60 million yuan and 120 million yuan, with the implementation period set for 12 months [6][7]. - As of July 23, 2025, the group had cumulatively increased its shareholding by 48,286,400 shares, raising its ownership to 1,678,540,625 shares, which is 50.15% of the total share capital [8][9]. Group 3: Compliance with Regulations - The increase in shareholding qualifies for exemptions from mandatory tender offer requirements under the relevant regulations, as the shareholder's ownership exceeded 30% and later 50% of the total shares [9][10]. - The company has fulfilled its information disclosure obligations regarding the shareholding increase, including announcements about the increase plan and its progress [10][11].
太原重工: 上海市锦天城律师事务所关于太原重工股份有限公司控股股东增持公司股份的法律意见书