Core Viewpoint - The supplementary legal opinion letter regarding Shanghai Yashi Investment Development Co., Ltd. outlines the company's compliance with legal requirements for issuing A-shares to specific investors, confirming the validity of approvals and the company's qualifications for the issuance [2][4][12]. Group 1: Issuance Approval and Authorization - The company has obtained necessary approvals and authorization documents for the issuance, which remain valid as of the date of the supplementary legal opinion [6][12]. - The issuance requires further approval from the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission [6][12]. Group 2: Issuance Qualifications - The company is a legally established and compliant listed company, with no significant asset restructuring during the reporting period [6][12]. - The company meets the substantive conditions for issuance as stipulated in the Company Law, Securities Law, and relevant management regulations [12][13]. Group 3: Issuance Conditions - The shares to be issued are ordinary shares with a par value of 1.00 yuan per share, priced at 8.95 yuan per share, which is not less than 80% of the average trading price over the previous 20 trading days [7][11]. - The issuance complies with the conditions set forth in the Securities Law and Management Measures, ensuring no public solicitation or advertising is involved [7][11]. Group 4: Use of Proceeds - The proceeds from the issuance will be used to supplement working capital and repay bank loans, aligning with national industrial policies and legal regulations [10][11]. - The company will not engage in new competition or related transactions with its controlling shareholder or other controlled enterprises as a result of this issuance [10][11]. Group 5: Company Independence - The company maintains independence in its operations, assets, personnel, and financials from its controlling shareholder and other related enterprises [12][13]. - There are no significant related transactions that would affect the company's independence or fairness [12][13]. Group 6: Shareholder Information - The top ten shareholders include Hubei Guomao and Yashi Group, with no changes in the controlling shareholder or actual controller during the supplementary review period [13][14]. - There are no share pledges or freezes reported for shareholders holding more than 5% of the company's shares, except for Yashi Group [13][14].