002045SZSE

CS SECURITIES SPONSORSHIP & INVESTMENT CO., LTD. SUMMARY REPORT ON GUANGDONG GUANGDONG ELECTRONICS CO., LTD.'S 2023 PRIVATE PLACEMENT OF SHARES

✨ AI Summary

CS Securities acted as sponsor for Guangdong Electronics' 2023 private placement. The report details the sponsor's due diligence and ongoing supervision until December 31, 2025. Key issues include unrecovered financial assistance of RMB 69.18 million and significant performance fluctuations, with 2024 revenue up 33.17% but net profit down 29.87%, and 2025 revenue largely flat with a net loss of RMB 112.82 million. Changes to fundraising projects were also noted.

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CS SECURITIES SPONSORSHIP & INVESTMENT CO., LTD. SUMMARY REPORT ON GUANGDONG GUANGDONG ELECTRONICS CO., LTD.'S 2023 PRIVATE PLACEMENT OF SHARES

CS Securities Sponsorship & Investment Co., Ltd. (hereinafter referred to as "CS Securities Sponsorship & Investment" or "Sponsor") is the sponsor for Guangdong Electronics Co., Ltd. (hereinafter referred to as "Guangdong Electronics" or "the Company") in its 2023 private placement of shares. The continuous supervision period will end on December 31, 2025. In accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business" and other relevant laws and regulations, CS Securities Sponsorship & Investment hereby submits the Summary Report on Sponsorship Work, the specific content of which is as follows:

I. Sponsor and Sponsor Representative Commitments

  1. The content of the Summary Report on Sponsorship Work and the supporting documents and related materials do not contain any false records, misleading statements, or significant omissions. The Sponsor and the Sponsor Representatives shall bear legal responsibility for their truthfulness, accuracy, and completeness.

  2. This Sponsor and the undersigned voluntarily accept any inquiries and investigations by the China Securities Regulatory Commission regarding the matters in the Summary Report on Sponsorship Work.

  3. This Sponsor and the undersigned voluntarily accept any regulatory measures taken by the China Securities Regulatory Commission in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business" and the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") in accordance with the "SZSE Listed Company Self-Regulatory Guidelines No. 13 - Sponsorship Business" and other relevant regulations.

II. Basic Information of the Sponsor

Sponsor NameCS Securities Sponsorship & Investment Co., Ltd.
Registered AddressRoom 2004, 20th Floor, Dacheng International Building, No. 358 Beijing South Road, High-tech Zone (Xinshi District), Urumqi, Xinjiang
Legal RepresentativeWang Mingxi
Sponsor RepresentativesLiao Yanhua, Ye Qiang
Contact Number0571-85063243
Whether the Sponsor has been changed or other circumstancesNo

III. Basic Information of the Listed Company

Issuer NameGuangdong Electronics Co., Ltd.
Securities Code002045.SZ
Registered CapitalRMB 562,483,132
Registered AddressNo. 8, Jinghu Avenue, Xinya Street, Huadu District, Guangzhou City, Guangdong Province
Office AddressNo. 8, Jinghu Avenue, Xinya Street, Huadu District, Guangzhou City, Guangdong Province
Actual ControllerNone
Secretary of the BoardWang Jie
Contact Number020-28609688
Type of Securities IssuancePrivate placement of A-share common stocks
Date of Securities IssuanceDecember 8, 2023
Date of Securities ListingJanuary 22, 2024
Location of Securities ListingShenzhen Stock Exchange

IV. Overview of Sponsorship Work

(I) Due Diligence and Recommendation Phase

During the due diligence and recommendation phase, the sponsor actively coordinated with various intermediary agencies to participate in the company's securities issuance and listing-related work. In strict accordance with laws, administrative regulations, and the regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, the company conducted due diligence, organized the compilation of application documents, and issued recommendation documents. After submitting the recommendation documents, the sponsor actively cooperated with the Shenzhen Stock Exchange's review and the China Securities Regulatory Commission's registration. The sponsor organized the issuer and other intermediary agencies to respond to the feedback from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, and conducted professional communication with the Shenzhen Stock Exchange and the China Securities Regulatory Commission. In accordance with the requirements of the Shenzhen Stock Exchange's listing rules, the sponsor submitted the relevant documents required for the stock listing to the Shenzhen Stock Exchange, and filed them with the China Securities Regulatory Commission for record.

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