Important Statement
In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15—Report on Change of Equity, the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 16—Report on Takeover of Listed Companies, and other relevant laws and regulations, CSC Financial Co., Ltd. (hereinafter referred to as "this Financial Advisor" or "CSC Financial") has conducted a verification of the Detailed Report on Change of Equity of Lier Chemical Co., Ltd. disclosed by the information disclosure obligor, in accordance with recognized business standards, ethical norms, and the spirit of diligence and responsibility in the securities industry, and has issued this verification opinion.
To enable relevant parties to properly understand and use this verification opinion, this Financial Advisor hereby makes the following special statements:
-
This Financial Advisor has performed its due diligence obligations in accordance with regulations, verified the Detailed Report on Change of Equity of Lier Chemical Co., Ltd. disclosed by the information disclosure obligor, is confident that the content and format comply with the regulations, and guarantees that the professional opinions expressed do not have any material differences from the content disclosed by the information disclosure obligor.
-
The relevant materials relied upon by this Financial Advisor were provided by the information disclosure obligor. The information disclosure obligor has made a statement guaranteeing that all documents, materials, and oral testimonies provided are true, accurate, complete, and timely, free from any material omissions, false records, or misleading statements, and is responsible for their authenticity, accuracy, completeness, and legality.
-
This Financial Advisor has not entrusted or authorized any other institution or individual to provide information not contained in this verification opinion or to provide any explanation or clarification regarding this verification opinion.
-
Investors are specifically reminded that this verification opinion does not constitute any investment advice to the parties involved in this equity change or their affiliates. This Financial Advisor assumes no responsibility for any risks arising from investment decisions made by investors based on this verification opinion.
-
This Financial Advisor has no interest in any of the parties involved in this equity change, and the verification opinion expressed regarding this detailed report on change of equity is conducted entirely independently.
-
The professional opinion issued by this Financial Advisor regarding this equity change has been submitted to and approved by its internal review committee.
-
The matters stated in this verification opinion do not represent a substantive judgment, confirmation, or approval by authorized agencies regarding matters related to this transaction.
-
During the period of serving as the financial advisor, this Financial Advisor has implemented strict confidentiality measures and internal firewall systems.
-
The project sponsors of this Financial Advisor and the institutions they represent have fulfilled their duties of diligence and responsibility, have verified and validated the content of the Detailed Report on Change of Equity of Lier Chemical Co., Ltd. disclosed by the information disclosure obligor, have not discovered any false records, misleading statements, or material omissions, and assume corresponding responsibilities for this.