Guosen Securities Co., Ltd.
Audit Report of Nanchang Mining Machinery Manufacturing Co., Ltd. on the Storage and Use of Raised Funds in 2025
Guosen Securities Co., Ltd. (hereinafter referred to as the "Sponsor") is the sponsor of Nanchang Mining Machinery Manufacturing Co., Ltd. (hereinafter referred to as "Nanchang Mining Machinery" or "the Company") for its initial public offering of shares and listing on the main board. In accordance with the "Administrative Measures for the Supervision of Listed Companies' Raised Funds," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Norms for the Operation of Main Board Listed Companies," and other relevant laws and regulations, the Sponsor has diligently and prudently audited the storage and use of Nanchang Mining Machinery's raised funds in 2025. The specific audit details are as follows:
I. Basic Situation of Raised Funds
(I) Amount of Raised Funds and Capital Arrival Situation
According to the "Approval on the Registration of the Initial Public Offering of Shares of Nanchang Mining Machinery Manufacturing Co., Ltd." issued by the China Securities Regulatory Commission (Securities Regulatory Permission [2023] No. 586), the Company issued 51 million ordinary shares (A shares) at an issue price of RMB 15.38 per share, raising a total of RMB 784.38 million. After deducting the tax-exclusive issuance expenses of RMB 69.8519 million, the net amount of raised funds was RMB 714.5281 million. The raised funds arrived on April 4, 2023. Lixin Certified Public Accountants (Special General Partnership) audited the arrival of the raised funds for this issuance on April 4, 2023, and issued the "Capital Verification Report" (Xin Hui Shi Bao Zi [2023] No. ZL10070). The Company has managed the raised funds through special accounts in accordance with regulations and has signed "Tripartite Supervision Agreements for Raised Funds" and "Quadripartite Supervision Agreements for Raised Funds" with the Sponsor and the commercial banks where the raised funds are deposited.