Sponsorship Organization and Representative Statement
Xingye Securities Co., Ltd. (hereinafter referred to as "Xingye Securities," "Sponsor," or "Sponsorship Organization") and the representatives of the Sponsorship Organization are based on the relevant provisions of the Company Law of the People's Republic of China (hereinafter referred to as "Company Law") and the relevant regulations of the Shenzhen Stock Exchange. The Sponsorship Organization confirms that it has performed its duties in accordance with the laws and regulations, and ensures the authenticity, accuracy, and completeness of the documents provided.
This sponsorship letter includes all abbreviations and definitions. If there are no special explanations, they are consistent with the "Explanation of the Convertible Bonds Issued by Anhui Zhongding Sealing Parts Co., Ltd."
1. Issuer Basic Situation
1. Issuer Overview
Company Name: Anhui Zhongding Sealing Parts Co., Ltd.
Registered Address: Ningguo Economic and Technological Development Zone, Ningguo City, Anhui Province
Establishment Date: October 23, 1998
Registered Capital: 131,648,970 RMB
Legal Representative: Xia Yisong
Contact Method: 0563-4811887
Fax: 0563-4811880 ext. 6071
Business Scope: General projects: Research and development of automotive sealing parts; Research and development of new materials; Distribution of automotive sealing parts and related components; Import and export of goods; Information system integration services.
2. Main Business of the Issuer
The main business of the company includes the research and development of sealing products, particularly rubber sealing products, and currently focuses on intelligent base plates, intelligent control systems, and related services. The company aims to apply these technologies in various fields, including automotive, home appliances, and aerospace.
3. Major Economic Indicators and Financial Data
| Item | 2025.12.31 | 2024.12.31 | 2023.12.31 |
|---|---|---|---|
| Total Assets | 2,738,214.45 | 2,412,475.94 | 2,284,419.15 |
| Total Liabilities | 1,297,065.51 | 1,109,276.28 | 1,074,791.78 |
| Shareholders' Equity | 1,441,148.93 | 1,303,196.60 | 1,209,627.37 |
| Total Shareholders' Equity of Listed Company | 1,440,262.90 | 1,297,291.22 | 1,206,420.00 |
| Item | 2025 Annual | 2024 Annual | 2023 Annual |
|---|---|---|---|
| Operating Income | 1,979,983.01 | 1,885,403.41 | 1,724,444.83 |
| Operating Profit | 208,340.15 | 152,628.96 | 137,731.55 |
| Net Profit | 203,088.54 | 154,191.13 | 136,881.62 |
| Net Profit Attributable to Shareholders of Listed Company | 158,939.60 | 125,170.99 | 113,145.96 |
| Item | 2025 Annual | 2024 Annual | 2023 Annual |
|---|---|---|---|
| Cash Flow from Operating Activities | 216,191.62 | 172,626.90 | 144,474.12 |
| Cash Flow from Investment Activities | -134,688.30 | -61,243.69 | -85,522.20 |
| Cash Flow from Financing Activities | 56,527.51 | -28,348.62 | -60,882.33 |
| Cash and Cash Equivalents at Year-End | 133,339.69 | 92,330.02 | -9,873.61 |
| Item | 2025.12.31 | 2024.12.31 | 2023.12.31 |
|---|---|---|---|
| Main Financial Indicators | |||
| Current Ratio | 1.73 | 1.46 | 1.76 |
| Quick Ratio | 1.27 | 1.07 | 1.29 |
| Asset-Liability Ratio | 47.01% | 39.26% | 34.76% |
| Equity Ratio | 47.37% | 45.98% | 47.05% |
Risks Related to the Project
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Market Risks The market for the project may be affected by various factors, including changes in market demand and competition. The company plans to enhance its production capacity through this investment project, which may lead to increased market share. However, if the market demand does not meet expectations, the company may face risks related to excess production capacity.
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Regulatory Risks The project is subject to various regulations and policies. Any changes in laws or regulations may impact the project’s operations and profitability. The company will closely monitor regulatory developments to mitigate potential risks.