Guangzhou Ruili Kemi Automotive Electronics Co., Ltd. Board of Directors
Statement on Direct or Indirect Paid Engagement of Other Third-Party Institutions or Individuals in the Transaction
Guangzhou Ruili Kemi Automotive Electronics Co., Ltd. (hereinafter referred to as the "Listed Company" or the "Company") intends to acquire 16% of the equity in Wuhan Ruili Kedes Automotive Electronics Co., Ltd. (hereinafter referred to as "Wuhan Kedes" or the "Target Company") held by Cheng Yi (hereinafter referred to as the "Counterparty") through the issuance of shares to purchase assets. This 16% equity in Wuhan Kedes (hereinafter referred to as the "Target Asset") constitutes the "Transaction".
In accordance with the "Opinions on Strengthening the Prevention and Control of Integrity Risks in the Engagement of Third Parties by Securities Companies in Investment Banking Business" (CSRC Announcement [2018] No. 22), the Company's Board of Directors hereby provides a statement on the direct or indirect paid engagement of third-party institutions or individuals in this transaction:
- Tonghai Securities Co., Ltd. has been engaged as the independent financial advisor for this transaction.
- Shanghai AllBright Law Offices has been engaged as the legal advisor for this transaction.
- Zhonghui Certified Public Accountants (Special General Partnership) has been engaged as the auditing institution and pro forma review institution for this transaction.
- Yinxin Asset Appraisal Co., Ltd. has been engaged as the appraisal institution for this transaction.