Guosen Securities Co., Ltd. Verification Report on the Listing and Circulation of Shares Previously Issued by Nanfang Mining Machinery Group Co., Ltd.

Guosen Securities Co., Ltd.

Regarding Nanfang Mining Machinery Group Co., Ltd. Verification Report on the Listing and Circulation of Shares Previously Issued by Nanfang Mining Machinery Group Co., Ltd.

Guosen Securities Co., Ltd. (hereinafter referred to as "Guosen Securities" or "the Sponsor") is the sponsor for the initial public offering and listing on the main board of Nanfang Mining Machinery Group Co., Ltd. (hereinafter referred to as "Nanfang Mining," "the Company"). In accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other relevant regulations, Guosen Securities has conducted a verification of the listing and circulation of shares previously issued by Nanfang Mining prior to its initial public offering. The details are as follows:

I. Overview of Shares Previously Issued Before the Initial Public Offering

As approved by the China Securities Regulatory Commission's "Approval on the Registration of the Initial Public Offering of Shares by Nanfang Mining Machinery Group Co., Ltd." (No. [2023] 586), the Company issued 51,000,000 ordinary shares (A shares) and listed them on the main board of the Shenzhen Stock Exchange for trading on April 10, 2023. Before the initial public offering, the Company's total share capital was 153,000,000 shares. After the initial public offering, the total share capital became 204,000,000 shares.