002319SZSE

Great Wall Securities' Audit Opinion on the Custody and Use of Raised Funds by Letong Chemical in 2025

Letong Co., Ltd.·

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Great Wall Securities audited Letong Chemical's 2025 raised funds. The company issued shares in 2024, raising RMB 127.5 million, net RMB 120.88 million after fees. Funds were fully used to repay debt in 2024. The special account was closed in 2025. The audit confirms compliance with regulations.

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Great Wall Securities Co., Ltd. Regarding Zhuhai Letong Chemical Co., Ltd.'s 2025 Raised Funds Custody and Actual Use Audit Opinion

Great Wall Securities Co., Ltd. (hereinafter referred to as "Great Wall Securities" or "Sponsor") is the sponsor for Zhuhai Letong Chemical Co., Ltd. (hereinafter referred to as "Letong Shares" or "the Company") to issue shares to specific objects and list on the main board. In accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Supervision Guidelines for Listed Companies No. 2 - Regulatory Requirements for the Management and Use of Raised Funds by Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Normative Operation of Main Board Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 13 - Sponsorship Business," and "Regulations on the Supervision of Raised Funds by Listed Companies" (effective from June 15, 2025), etc., it has audited the custody and actual use of Letong Shares' 2025 raised funds. The audit results are as follows:

I. Basic Situation of Raised Funds

Approved by the China Securities Regulatory Commission's Permit [2023]2511, the Company issued 9,472,510.00 ordinary shares (A shares) with a par value of RMB 1.00 per share to Shenzhen Youmei Sheng Enterprise Management Co., Ltd. on October 29, 2024, at an issue price of RMB 13.46 per share. As of October 29, 2024, the total amount of raised funds was RMB 127,499,984.60 (One Hundred Twenty-Seven Million Four Hundred Ninety-Nine Thousand Nine Hundred Eighty-Four Yuan and Sixty Cents), after deducting issuance-related expenses (excluding tax) of RMB 6,622,641.51, the net amount of raised funds was RMB 120,877,343.09 (One Hundred Twenty Million Eight Hundred Seventy-Seven Thousand Three Hundred Forty-Three Yuan and Nine Cents).

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