Industrial Securities Co., Ltd.
Regarding Anhui Zhongding Sealing Parts Co., Ltd.
Issuance of Convertible Bonds to Unspecified Objects
Sponsorship Letter
Industrial Securities Co., Ltd. directly sponsors Anhui Zhongding Sealing Parts Co., Ltd. for the issuance of convertible bonds to unspecified objects. This sponsorship letter outlines the responsibilities of the sponsor and the relevant regulatory compliance.
Sponsor Organization and Representative
The sponsor organization is Industrial Securities Co., Ltd., and the representative is [blank].
Date of Issuance
The date of issuance is [blank].
Contact Information
The contact information is [blank].
Summary
This sponsorship letter is based on the relevant laws and regulations, including the Company Law and the Securities Law. It details the responsibilities of the sponsor and the compliance requirements for the issuance of convertible bonds.
Key Figures
- Company Name: Anhui Zhongding Sealing Parts Co., Ltd.
- Registered Capital: [blank]
- Date of Establishment: [blank]
Business Scope
The general business scope includes research and development of automotive sealing parts, manufacturing, and sales.
Regulatory Compliance
The sponsor organization and its representative must ensure compliance with all relevant regulations and guidelines during the issuance process.
Recommendations on the Issuance of Securities
I. Summary of Recommendations for the Issuance of Securities
The sponsor organization has conducted a thorough review and assessment, confirming that the issuance of securities complies with the Company Law and the Securities Law, as well as the relevant regulations of the exchange. The company and the sponsor organization recommend that the issuance of securities not be subject to any conditions that would prevent the company from conducting the issuance.
II. Description of the Decision-Making Process for the Issuance of Securities
The decision-making process for the issuance of securities is as follows:
- Board Meeting Approval Process
On December 1, 2025, the company convened the 13th meeting of the board of directors, which should have been attended by 8 directors. The meeting approved the proposal regarding the conditions for the issuance of securities. The company will not impose any conditions that would prevent the issuance of securities.
On May 21, 2026, the company convened the 15th meeting of the board of directors, which should have been attended by 8 directors. The meeting approved the proposal regarding the conditions for the issuance of securities.
- Shareholders' Meeting Approval Process
On December 24, 2025, the company convened the 3rd extraordinary shareholders' meeting of 2025, where the total number of shares represented was 551,744,945 shares, accounting for 41.9103% of the total share capital. The meeting approved the proposal regarding the conditions for the issuance of securities.
III. Explanation of the Conditions for Issuance of Securities in Accordance with the Securities Law
- Non-compliance with the Securities Law
The company must publicly disclose the funds raised from the issuance of securities and must not fail to disclose any new public offerings.
- Compliance with the Securities Law
The company must have a sound organizational structure that complies with the Company Law and the Securities Law, and other relevant laws and regulations. The company must establish a sound internal control system and ensure compliance with the relevant provisions of the Company Law and the Securities Law.
- Funds Raised from the Issuance of Securities
The funds raised from the issuance of securities must be used in accordance with the company's business plan and must not be used for speculative purposes or non-productive investments.
- Conditions for the Conversion of Securities into Shares
The company may convert the securities issued into shares, except for the conditions specified in the first clause of Article 12 of the Securities Law.