Guotou Securities Co., Ltd.
Audit Opinion on Zhejiang Xinkai Technology Group Co., Ltd.'s Use of Partially Idle Raised Funds for Cash Management
Guotou Securities Co., Ltd. (hereinafter referred to as "Guotou Securities" or "Sponsor") as the sponsor of Zhejiang Xinkai Technology Group Co., Ltd. (hereinafter referred to as "Xinkai Technology" or "the Company") for its initial public offering of stocks on the main board, in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business", "Regulations on the Supervision of Raised Funds of Listed Companies", "Shenzhen Stock Exchange Stock Listing Rules", "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Standardized Operation of Main Board Listed Companies" and other relevant regulations, has prudently audited the matter of Xinkai Technology using part of its idle raised funds for cash management. The situation is as follows:
I. Basic情况 of Raised Funds
With the approval of the China Securities Regulatory Commission's "Reply on Approving the Registration of Zhejiang Xinkai Technology Group Co., Ltd.'s Initial Public Offering of Stocks" (Zhengjianxuke [2025] No. 86) and the Shenzhen Stock Exchange's "Notice on the Listing of RMB Ordinary Shares of Zhejiang Xinkai Technology Group Co., Ltd." (Shenzhen Shang [2025] No. 318), the Company issued 23.434890 million shares of RMB ordinary shares (A shares). The par value of each ordinary share is RMB 1.00, and the offering price is RMB 12.80 per share. The total amount of raised funds from this offering is RMB 299.9666 million. After deducting the tax-exclusive issuance expenses of RMB 56.1122 million, the net amount of raised funds is RMB 243.8544 million.