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Guolian Minsheng's Review on Guangdong Meishi Technology's IPO Fund Allocation and Surplus Fund Management

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Guolian Minsheng Securities has verified the completion of Guangdong Meishi Technology's IPO fundraising projects, which raised RMB 542.75 million. The funds were allocated to various projects, including upgrades and working capital. The company plans to permanently supplement working capital with surplus funds totaling RMB 23.56 million and will cancel the special fundraising accounts. This decision aims to enhance fund utilization efficiency and support business development without adversely affecting operations.

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Guolian Minsheng Securities Co., Ltd. on Guangdong Meishi Technology Co., Ltd.'s Initial Public Offering of Stocks Completion of Fundraising Investment Projects and Permanent Supplement of Surplus Fundraising Funds to Working Capital and Cancellation of Fundraising Special Accounts Verification Opinion

Guolian Minsheng Securities Co., Ltd.(hereinafter referred to as "Guolian Minsheng Underwriting" or "Underwriting Institution")

As the sponsor for Guangdong Meishi Technology Co., Ltd. (hereinafter referred to as "Meishi Technology" or "the Company") in its initial public offering and listing on the main board, Guolian Minsheng Underwriting has conducted verification on the completion of the fundraising investment projects (hereinafter referred to as "IPO Fundraising Projects") including "Intelligent Distributed Display Control Upgrade Project," "Intelligent Distributed Industry Upgrade and Headquarters Office Center Construction Project," and "Supplementing Working Capital," as well as the matters related to the permanent supplementation of surplus fundraising funds to working capital and the cancellation of the fundraising special accounts, and hereby issues the following verification opinion:

I. Basic Situation of Fundraising According to the approval from the China Securities Regulatory Commission regarding the initial public offering of stocks by Guangdong Meishi Technology Co., Ltd. (Zheng Jian Xu Ke [2022] No. 1035), the Company publicly issued 25,000,000.00 shares of ordinary shares (A shares) with a par value of RMB 1.00 per share at an issue price of RMB 21.71 per share, raising a total of RMB 542,750,000.00. After deducting issuance expenses (excluding VAT) of RMB 47,159,500.00, the net amount of fundraising funds is RMB 495,590,500.00. The above fundraising funds have been verified by Guangdong Sinong Accounting Firm (Special General Partnership), which issued the "Verification Report No. [2022]21000100355."

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