CITIC Securities Co., Ltd. Regarding Qingdao Food Co., Ltd.
2025 Annual Review Opinion on the Storage and Actual Use of Raised Funds According to "Regulations on the Administration of Sponsorship for Securities Issuance and Listing" "Regulations on the Supervision of Raised Funds by Listed Companies" "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 13" "Self-Regulatory Guidelines for Main Board Listed Companies No. 1" and other relevant laws and regulations, CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Sponsor") as the sponsor for the initial public offering and listing of Qingdao Food Co., Ltd. (hereinafter referred to as "Qingdao Food" or "Company"), conducted a special review of the storage and use of raised funds for the year 2025.
The specific situation of the review is as follows: I. Basic Information on Raised Funds (1) Actual Amount of Raised Funds and Timing of Fund Arrival According to the approval from the China Securities Regulatory Commission regarding the initial public offering of Qingdao Food Co., Ltd. (Approval No. [2021] 2383), the company publicly issued 22,200,000 A-shares with a par value of RMB 1 per share at an issue price of RMB 17.20 per share, raising a total of RMB 381,840,000.00. After deducting the total issuance costs related to the raised funds amounting to RMB 24,513,075.97 (excluding VAT), the net amount of raised funds is RMB 357,326,924.03. The above-mentioned situation of raised funds has been verified by KPMG Huazhen LLP and a verification report (KPMG Huazhen Verification No. 2100962) has been issued. (2) Amount of Raised Funds Used and Year-End Balance As of December 31, 2025, the specific situation of the company's use of raised funds from the initial public offering and the year-end balance is as follows: Unit: RMB