Zhongtai Securities Co., Ltd. (hereinafter referred to as "the Sponsor") is the sponsor for the initial public offering and listing of Beijing Weitongli Electric Co., Ltd. (hereinafter referred to as "Weitongli" or "the Company"). In accordance with the relevant laws, regulations, and normative documents, including the "Regulations on the Management of Securities Issuance and Listing Sponsorship Business," "Shenzhen Stock Exchange Stock Listing Rules," and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Main Board Listed Companies," the Sponsor has conducted a prudent verification of Weitongli's use of raised funds to provide loans to its wholly-owned subsidiaries for the implementation of investment projects. The specific verification details are as follows:
I. Basic Situation of Raised Funds
According to the approval issued by the China Securities Regulatory Commission regarding the registration of Weitongli's initial public offering (Approval No. [2026] 198), the Company issued 62,333,334 ordinary shares at a price of RMB 30.38 per share, raising a total of RMB 189.37 million. After deducting issuance expenses of RMB 16.70 million (excluding VAT), the net amount of raised funds is RMB 172.67 million. The arrival of the raised funds has been verified by Tianjian Certified Public Accountants (Special General Partnership), which issued the "Verification Report" (Tianjian Verification [2026] No. 133). To standardize the management of raised funds and protect the legitimate rights and interests of investors, the Company and its subsidiaries have established special accounts for the storage and management of raised funds, signing a regulatory agreement with the Sponsor and the bank where the special account is opened.
II. Investment Project Situation of Raised Funds
According to the "Prospectus for the Initial Public Offering and Listing of Beijing Weitongli Electric Co., Ltd.," the investment projects and the planned use of raised funds are as follows: