001255SZSE

Caitong Securities' Review on Zhejiang Bofei Electric's Related Party Investment and Transactions

Bofei Electric Co., Ltd.·

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Caitong Securities conducted a review of Zhejiang Bofei Electric's joint investment with related parties in Haining Qiyuan Real Estate Co., Ltd. Bofei Electric will invest approximately 23.38 million yuan alongside its controlling shareholder, Bofei Holdings, which will contribute about 10.79 million yuan. The investment aims to enhance Bofei Electric's local business operations and brand image through the development of the Qiyuan Building project, with the total estimated investment reaching 246.41 million yuan.

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Caitong Securities Co., Ltd.
Regarding the Joint Investment of Zhejiang Bofei Electric Co., Ltd. and Related Parties
and the Verification Opinion on Related Transactions

Caitong Securities Co., Ltd. (hereinafter referred to as "Caitong Securities" or "Sponsor") is the sponsor for the issuance of shares to specific targets by Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "Bofei Electric" or "Company") in 2025 through a simplified procedure. In accordance with the provisions of the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 13 — Sponsorship Business," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 1 — Standard Operations for Main Board Listed Companies," and other relevant laws, regulations, and normative documents, we have conducted a verification of the joint investment and related transactions between Bofei Electric and related parties. The specific verification situation is as follows:

I. Overview of the External Investment
(1) Main Content of the Investment
Bofei Electric plans to jointly invest in Haining Qiyuan Real Estate Co., Ltd. (hereinafter referred to as "Haining Qiyuan") with its controlling shareholder, Jiaxing Bofei Holdings Co., Ltd. (hereinafter referred to as "Bofei Holdings"), using its own funds. The Company and Bofei Holdings intend to contribute 23.3828 million yuan and 10.7928 million yuan, respectively, for the operational activities of Haining Qiyuan.

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Caitong Securities' Review on Zhejiang Bofei Electric's Related Party Investment and Transactions — Bofei Electric Co., Ltd. | SZSE Releases