Guangzhou Baiyun Airport's 2024 AGM legally sound, says FenXun

Beijing FenXun Law Firm has issued a legal opinion confirming the validity of Guangzhou Baiyun International Airport Co., Ltd.'s 2024 Annual General Meeting, held on June 5, 2025. The firm verified the meeting's compliance with the "Company Law," the "Securities Law," and related regulations. Shareholders representing 57.42% of voting shares attended in person, while online participants accounted for an additional 2.81%. FenXun confirmed that the meeting's convocation, attendees' eligibility, voting procedures, and resolutions all adhered to legal and regulatory standards. The firm has submitted this opinion to the Shanghai Stock Exchange for public disclosure.