Independent Financial Advisor Statement and Commitment
Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the listed company," "the company," or "Yongda Shares") intends to acquire a 49.00% equity stake in Jiangsu Jinyuan High-end Equipment Co., Ltd. (hereinafter referred to as "the target company") from Ge Yanming through the issuance of shares and cash payment, while raising supporting funds (hereinafter referred to as "this transaction"). Guojin Securities Co., Ltd. (hereinafter referred to as "Guojin Securities" or "this independent financial advisor") has been entrusted by the listed company to act as the independent financial advisor for this transaction, providing independent opinions to all shareholders of Yongda Shares and preparing the "Independent Financial Advisor Report on Xiangtan Yongda Machinery Manufacturing Co., Ltd.'s Issuance of Shares and Cash Payment for Asset Acquisition and Related Transactions." This independent financial advisor report is prepared in accordance with the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Major Asset Restructuring of Listed Companies, the Management Measures for Financial Advisory Services for Mergers and Acquisitions of Listed Companies, and the Guidelines for the Content and Format of Information Disclosure by Companies Issuing Securities to the Public No. 26 - Major Asset Restructuring of Listed Companies, as well as recognized business standards, ethical norms, and the spirit of honesty and diligence in the securities industry. It aims to provide an independent, objective, and fair evaluation of this transaction for reference by all shareholders of Yongda Shares and relevant parties.