Verification Opinion of Guolian Minsheng Securities on Guangzhou Guanghe Technology's Use of Raised Funds for Capital Increase to Wholly-Owned Subsidiary
Guolian Minsheng Securities (hereinafter referred to as the "Sponsor") has conducted a verification of Guangzhou Guanghe Technology Co., Ltd. (hereinafter referred to as the "Company") regarding its plan to use part of the raised funds to increase capital in its wholly-owned subsidiary, Huangshi Guanghe Precision Circuit Co., Ltd. (hereinafter referred to as "Huangshi Guanghe"), for the implementation of investment projects. The verification opinion is as follows:
1. Basic Situation of Raised Funds
According to the China Securities Regulatory Commission's approval (Zheng Jian Xu Ke [2023] No. 2182) for the registration of the Company's initial public offering and the Shenzhen Stock Exchange's notice (Shenzhen Shang [2024] No. 239) for the listing of the Company's ordinary shares, the Company is authorized to publicly issue 42.3 million shares of RMB ordinary shares (A shares) with a par value of RMB 1.00 per share at an issue price of RMB 17.43 per share. The total amount raised is RMB 737,289,000.00, with a net amount of RMB 653,458,517.31 after deducting tax-exempt issuance costs of RMB 83,830,482.69. The funds have been deposited into a special account approved by the Company's board of directors, and the Company and Huangshi Guanghe have signed a supervision agreement with the sponsor and the commercial bank holding the raised funds.
2. Basic Situation of Investment Projects
According to the Company's prospectus for its initial public offering, and following the approval of the second board meeting's sixth session regarding the adjustment of the amount of raised funds for investment projects, the Company's investment projects and the planned use of raised funds are as follows: