001239SZSE

Reply to the Inquiry Letter on the Application for Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds by Xiangtan Yongda Machinery Manufacturing Co., Ltd. from Tianzhi International Accounting Firm (Special General Partnership)

Yongda Co., Ltd.·June 4, 2026·109 pages

✨ AI Summary

This document provides a response from Tianzhi International Accounting Firm regarding the inquiry from the Shenzhen Stock Exchange about Xiangtan Yongda's asset acquisition and fundraising. Key figures include projected revenues and profits from 2022 to 2025, with a focus on the wind power sector. The firm confirms the sustainability of the company's financial health and the adequacy of its bad debt provisions.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

1. Response to the Inquiry Letter

1.1 Background

Tianzhi International Accounting Firm (Special General Partnership) (hereinafter referred to as "we" or "the accountants") has verified the inquiries raised in the letter issued by the Shenzhen Stock Exchange regarding Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the company" or "Yongda Shares"). This response is submitted for review.

1.2 Financial Data

The financial data and indicators referenced in this response are based on consolidated financial statements unless otherwise specified. Any discrepancies in totals are due to rounding.

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