Zhongtai Securities Co., Ltd. (hereinafter referred to as "the Company") has reviewed the transaction to ensure compliance with the "Administrative Measures for the Registration of Securities Issuance by Listed Companies" Article 11.
Shandong Shengli Co., Ltd. (hereinafter referred to as "the Company") has not established stock payment provisions for the transaction involving the purchase of shares in Zhongtai Securities held by Zhongtai Energy. The Company holds 100% equity in Tianjin Lijia New Energy Co., Ltd. (hereinafter referred to as "Lijia"), which is a subsidiary of Zhongtai Securities. Zhongtai Energy holds 40% equity in Shandong Shengli.
Zhongtai Securities Co., Ltd. (hereinafter referred to as "the Company") has independently assessed whether the transaction complies with the aforementioned regulations and has provided the following review opinions:
- The Company has not been in violation of the regulations regarding the issuance of shares.
- The Company has not encountered any significant issues in the past year regarding its financial reports or compliance with major corporate governance standards.
- Current senior management members have not been involved in any violations of securities laws or regulations.
- The Company is currently in good standing, and the senior management has not been subject to any legal or regulatory sanctions.
- In the past three years, there have been no significant violations by major investors or related parties.
In conclusion, this independent financial opinion recognizes that this transaction complies with Article 11 of the "Administrative Measures for the Registration of Securities Issuance by Listed Companies."