CICC Audit Opinion on Stock Price Fluctuation of Guangli Kemi Auto Electronics Before Major Transaction
Guangzhou Guangli Kemi Auto Electronics Co., Ltd. (hereinafter referred to as "the Company" or "the Company") plans to issue shares to acquire 16% of the equity of Wuhan Ruili Kedes Auto Electronics Co., Ltd. held by Mr. Cheng Yi (hereinafter referred to as "this Transaction").
CICC (hereinafter referred to as "the Independent Financial Advisor") as the independent financial advisor for this transaction, has audited the cumulative change in the Company's stock price in the 20 trading days prior to the first disclosure of this transaction, after excluding the impact of market factors or industry sector factors. The details are as follows: