Zheshang Securities Co., Ltd.
Audit Opinion on the Custody and Use of Raised Funds by Kaiser (China) Culture Co., Ltd. in 2025
Zheshang Securities Co., Ltd. (hereinafter referred to as "Zheshang Securities" or "Sponsor") is the sponsor of the non-public offering of shares by Kaiser (China) Culture Co., Ltd. (hereinafter referred to as "Kaiser Culture" or "the Company"). In accordance with the "Administrative Measures for the Sponsorship Business of Securities Issuance and Listing," "Supervision Rules for the Management of Raised Funds of Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, and normative documents, the Company has prudently audited the custody and use of raised funds by the Company in 2025. The audit results are hereby described as follows:
I. Basic Situation of Raised Funds
(I) Amount of Raised Funds and Time of Receipt from Non-Public Offering of Shares in 2021
As approved by the China Securities Regulatory Commission's "Approval on Approving the Non-Public Offering of Shares by Kaiser (China) Culture Co., Ltd." ([2020] No. 3290), the Company issued 142,920,634 ordinary shares to 28 investors at an issue price of RMB 6.30 per share, with a total raised fund of RMB 900,399,994.20. After deducting sponsorship and underwriting fees of RMB 25,483,018.71 (excluding VAT), the actual amount received was RMB 874,916,975.49. After deducting other non-tax expenses of RMB 4,245,969.63 (such as verification fees, legal fees, etc.), the net amount of raised funds was RMB 870,671,005.86. The aforementioned raised funds were received on February 9, 2021, and were verified and confirmed by Zhidao Certified Public Accountants (Special General Partnership) with a capital verification report No. 442C000072 (2021).