001239SZSE

Board Statement on Absence of Paid Engagements with Third Parties

Yongda Co., Ltd.·

✨ AI Summary

Xiangtan Yongda Machinery Manufacturing Co., Ltd. announced its intention to acquire 49.00% equity of Jiangsu Jinyuan High-end Equipment Co., Ltd. from Ge Yanming through a combination of share issuance and cash payment. The company has appointed Guojin Securities Co., Ltd. as the independent financial advisor, along with other legal and auditing firms, to ensure compliance with regulatory requirements. The statement confirms that there are no other paid engagements with third parties related to this transaction.

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Board of Directors of Xiangtan Yongda Machinery Manufacturing Co., Ltd. Statement Regarding the Absence of Paid Engagements with Other Third-Party Institutions or Individuals

Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company" or "the Listed Company") intends to purchase 49.00% equity of Jiangsu Jinyuan High-end Equipment Co., Ltd. (hereinafter referred to as "the Target Company") held by Ge Yanming (hereinafter referred to as "the Counterparty") through the issuance of shares and cash payment, while raising supporting funds (hereinafter referred to as "this Transaction").

To ensure the smooth progress of this Transaction and protect the interests of the Company and its shareholders, in accordance with the provisions of the China Securities Regulatory Commission's "Opinions on Strengthening the Risk Prevention and Control of Integrity in the Engagement of Third Parties by Securities Companies in Investment Banking Business" (CSRC Announcement [2018] No. 22), the intermediary institutions engaged by the Company in this Transaction are as follows:

The Listed Company has appointed Guojin Securities Co., Ltd. as the independent financial advisor for this Transaction, Hunan Qiyuan Law Firm as the legal advisor for this Transaction, Tianzhi International Accounting Firm (Special General Partnership) as the auditing and preparatory review institution for this Transaction, and Walkeson (Beijing) International Asset Appraisal Co., Ltd. as the asset appraisal institution for this Transaction.

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