Guotai Junan Securities Co., Ltd.
Audit Opinion on Yuan Chuang Technology Co., Ltd.'s Use of Raised Funds to Repay Self-Raised Funds for Pre-Invested Projects and Paid Issuance Expenses
Guotai Junan Securities Co., Ltd. (hereinafter referred to as "Guotai Junan" or "Sponsor") is the sponsor for Yuan Chuang Technology Co., Ltd. (hereinafter referred to as "Yuan Chuang Shares", "Company" or "Issuer") for its initial public offering of shares and listing on the main board. In accordance with the "Administrative Measures for Securities Issuance and Underwriting Business", the "Supervision Rules for the Management of Raised Funds of Listed Companies", the "Stock Listing Rules of Shenzhen Stock Exchange", and the "Shenzhen Stock Exchange Listed Company Self-Regulation Guidelines No. 1 - Standardized Operation of Main Board Listed Companies", etc., Guotai Junan has prudently audited the matter of Yuan Chuang Shares using raised funds to repay self-raised funds that were pre-invested in fundraising projects and for paid issuance expenses. The specific audit situation is as follows:
I. Basic Situation of Raised Funds
Upon approval by the China Securities Regulatory Commission's "Approval on the Registration of Yuan Chuang Technology Co., Ltd.'s Initial Public Offering of Shares" (Securities Regulatory Permit [2025] No. 2508), the Company's initial public offering of shares was for 19,600,000 shares, with an issue price of RMB 24.75 per share. The total raised funds amounted to RMB 48,510.00 million. After deducting all issuance expenses, the net amount of raised funds was RMB 39,704.71 million. The arrival of the aforementioned raised funds has been verified by Zhonghui Certified Public Accountants (Special General Partnership), who issued the "Capital Verification Report" (Zhonghui Huai Yan [2025] No. 11831). The raised funds have been fully deposited in a dedicated account for raised funds, and the Company has signed a raised funds supervision agreement with the commercial bank holding the account and the sponsor.