Sponsor and Sponsor Representative Statement
CSC Financial Co., Ltd. and the project's sponsor representatives, Gai Su and Zhang Wen, in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant laws, regulations, and the rules of the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange, act with honesty, integrity, and due diligence. We have issued this issuance sponsorship letter in strict accordance with legally formulated business rules, industry practice standards, and ethical codes, and we guarantee the truthfulness, accuracy, and completeness of this issuance sponsorship letter.
Table of Contents
Definitions
Section I: Basic Information on the Securities Issuance
-
Sponsor Representatives Responsible for the Issuance
-
Project Coordinator and Other Project Team Members
-
Basic Information of the Issuer
-
Explanation of the Relationship Between the Sponsor and the Issuer
Section II: Sponsor's Commitments
Section III: Recommendation Opinions on the Issuance
-
Legality of the Issuer's Decision-Making Procedures for the Issuance
-
Compliance of the Issuance with Relevant Laws
-
Key Risk Warnings for the Issuer
-
Evaluation of the Issuer's Development Prospects
-
Sponsor's Review of the Issuer's Profit Distribution Policy
-
Sponsor's Review of Private Equity Fund Filing Status
-
Review of Paid Engagement of Third-Party Institutions and Individuals
-
Sponsor's Internal Review Procedures and Opinions
-
Sponsor's Recommendation Conclusion for the Issuance
Definitions
In this issuance sponsorship letter, unless otherwise specified, the following terms have the following specific meanings:
| Term | Definition |
|---|---|
| Sponsor/CSC Financial | CSC Financial Co., Ltd. |
| Company, Joint-Stock Company, Issuer, Chuanrun Shares | Sichuan Chuanrun Co., Ltd. |
| Controlling Shareholder, Actual Controller | Luo Lihua, Zhong Ligang |
| This Issuance | Sichuan Chuanrun Co., Ltd. 2026 Issuance of A-Shares to Specific Targets |
| Company Law | Company Law of the People's Republic of China |
| Securities Law | Securities Law of the People's Republic of China |
| Registration Management Measures | Administrative Measures for the Registration of Securities Issuance by Listed Companies |
| CSRC, Commission | China Securities Regulatory Commission |
| SZSE | Shenzhen Stock Exchange |
| Reporting Period, Periods of the Reporting Period | 2023, 2024, 2025 |
| End of Reporting Periods | December 31, 2023, December 31, 2024, December 31, 2025 |
| Yuan, Ten Thousand Yuan, Hundred Million Yuan | RMB Yuan, RMB Ten Thousand Yuan, RMB Hundred Million Yuan |
Note: Data cited in this issuance sponsorship letter may have discrepancies between the sum of individual items and the total due to rounding or differences in precision.
Section I: Basic Information on the Securities Issuance
1. Sponsor Representatives Responsible for the Issuance
CSC Financial has designated Gai Su and Zhang Wen as the sponsor representatives for this issuance of shares by Chuanrun Shares to specific targets.
The professional backgrounds of these two sponsor representatives are as follows:
Ms. Gai Su: Sponsor representative, Master's degree, non-practicing member of the Chinese Institute of Certified Public Accountants, holds legal professional qualifications. Currently serves as Senior Vice President of the Investment Banking Business Management Committee of CSC Financial. Projects previously led or participated in include: Mercury Home Textiles IPO, Chengdu Gas IPO, Chuanwang Media IPO, Sichuan Gold IPO, Silicon Technology private placement, Chuanrun Shares simplified private placement, Chuanhua Shares restructuring and equity transfer, Chuanhua Shares major asset restructuring, and Tongwei Shares major asset restructuring. Ms. Gai Su has strictly complied with the Administrative Measures for Securities Issuance and Listing Sponsorship Business and other relevant regulations during her practice, with a good professional record.