Stock Abbreviation: Haoshanghao
Stock Code: 001298
Shenzhen Haoshanghao Information Technology Co., Ltd.
Prospectus for Issuance of A-Shares to Specific Targets
(Registration Draft)
Sponsor (Lead Underwriter)
Guosen Securities Co., Ltd.
(Registered Address: 16-26/F, Guosen Securities Building, 1012 Hongling Middle Road, Luohu District, Shenzhen)
July 2026
Declaration
The Company and all directors and senior management guarantee that the contents of this prospectus are true, accurate, and complete, free from false records, misleading statements, or major omissions, and agree to fulfill their commitments in accordance with the principle of good faith and bear corresponding legal liabilities.
The person in charge of the Company, the person in charge of accounting work, and the person in charge of the accounting department guarantee that the financial and accounting information in this prospectus is true and complete.
Any decision or opinion made by the China Securities Regulatory Commission (CSRC) or the stock exchange regarding this issuance does not constitute a guarantee of the truthfulness, accuracy, or completeness of the application documents and disclosed information, nor does it constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false statement.
According to the Securities Law, after the securities are issued in accordance with the law, the issuer is solely responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks arising from changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.
Significant Matters Notice
The Company specifically reminds investors to carefully read the full text of "Section VI: Risk Factors Related to This Issuance" in this prospectus and pay special attention to the following significant matters or risks:
I. Risk of Product Agency Authorization Being Cancelled or Non-Renewable
Authorization from original manufacturers is the cornerstone of the steady development of electronic component distributors, and market expansion by distributors is an important channel for manufacturers to extend their sales. The Company possesses distribution authorizations from a series of well-known global and domestic semiconductor manufacturers, including MediaTek (MTK), Sigmastar, Quectel, Airoha, Denmly, Galaxycore, Longsys, BES, PI (Power Integrations), Nordic, Cirrus Logic, SGMC, Silergy, and GD, with over 100 stable product lines. If the Company cannot continue to obtain new product line authorizations or existing authorizations are cancelled due to the manufacturer's business adjustments, the Company's inability to meet the manufacturer's service support requirements, or disputes with manufacturers, it will have a significant adverse impact on the Company's business operations.
II. Risk of Supplier Concentration
The Company's electronic component distribution business involves the procurement of electronic components. During the reporting period, the procurement amount from the top five suppliers accounted for 64.07%, 54.90%, and 47.66% of the total procurement, respectively, which is relatively high. If the business status or product quality of the top five suppliers encounters problems, or if the cooperative relationship between the Company and these suppliers changes adversely, and they cannot continue to supply electronic components to the Company, it may have a significant adverse impact on the Company's electronic component distribution business and operating performance.
III. Risk of Changes in Upstream and Downstream Cooperation Models