GF Securities Co., Ltd.
Special Review Report on the Storage and Use of Raised Funds of Nanjing Kyoritsu Intelligent Technology Group Co., Ltd. in 2025
GF Securities Co., Ltd. (hereinafter referred to as "GF Securities") is the sponsor institution for the initial public offering of shares and the private placement of shares in 2016 by Nanjing Kyoritsu Intelligent Technology Group Co., Ltd. (hereinafter referred to as "Kyoritsu Intelligent" or "the Company"). In accordance with the "Administrative Measures for the Sponsorship Business of Securities Issuance and Listing," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 – Normative Operation of Main Board Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and relevant format guidelines, GF Securities has reviewed the use of raised funds by Kyoritsu Intelligent in 2025. The review findings are as follows:
I. Basic情况 of Raised Funds (I) Amount of Raised Funds and Receipt Status
According to the resolution of the first interim shareholders' meeting of the Company in 2015 and the "Announcement of Nanjing Kyoritsu Intelligent Technology Group Co., Ltd. on Adjusting the Offering Price and Issuance Size of Private Placement Shares After Profit Distribution for the First Half of 2015," the Company applied for a non-public offering of no more than 39,580,000 shares of RMB common stock (A shares) to specific targets. On March 3, 2016, the China Securities Regulatory Commission issued the "Approval of Nanjing Kyoritsu Intelligent Technology Group Co., Ltd. for Non-Public Offering of Shares" (Document No. [2016] 421), approving the Company to issue no more than 39,580,000 new shares. Based on the inquiry results with investors, the actual issuance quantity was determined to be 35,991,649 shares, with a par value of RMB 1.00 per share and an issuance price of RMB 26.01 per share. On March 22, 2016, the Company completed this non-public offering. The total amount of raised funds was RMB 936,142,790.49. On March 22, 2016, the Company received the subscription funds of RMB 936,142,790.49 from GF Securities Co., Ltd., after deducting underwriting and sponsorship fees of RMB 20,722,855.81, the total amount was RMB 915,419,934.68, which was deposited into the following accounts opened by the Company: Industrial and Commercial Bank of China, Nanjing Jiangning Economic Development Zone Branch (Account No. 4301021129100319539), received RMB 355,419,934.68; Huaxia Bank, Nanjing Junjiang Road Branch (Account No. 10368000000353578), received RMB 310,000,000.00; and Ping An Bank, Beijing Shilihe Branch (Account No. 11015140797005), received RMB 250,000,000.00. After deducting issuance expenses such as legal and auditing fees of RMB 801,886.79, the net amount of raised funds was RMB 914,618,047.89. The above status of raised funds has been verified by Jiangsu Gongzheng Tianye Certified Public Accountants (Special General Partnership), which issued the "Capital Verification Report" (Document No. Su Gong W[2016]B031).