Statement
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities," "Sponsor," or "Main Sponsor") accepts the application from Shentong Express Co., Ltd. (hereinafter referred to as "Shentong Express," "Issuer," or "Company") for the issuance of convertible bonds to unspecified objects in 2026. This is the sponsorship letter for the issuance.
Basic Information of This Bond Issuance
Name of Sponsor
CITIC Securities Co., Ltd.
Specific Responsible Representative of the Sponsor
Zhou Jiang, currently the Deputy General Manager of the Global Investment Banking Division of CITIC Securities, is responsible for this project. The main professional background is as follows:
Zhou Jiang, male, currently serves as the Deputy General Manager of the Global Investment Banking Division of CITIC Securities. He has previously been responsible for major projects including: China Merchants Jinling Shipyard, China Merchants Heavy Industry, China Communications Construction, and other significant projects.
Bai Ren, male, currently serves as the Deputy General Manager of the Global Investment Banking Division of CITIC Securities. He has previously been responsible for major projects including: China Merchants Jinling Shipyard, China Merchants Heavy Industry, and other significant projects.
Project Coordinators and Other Project Team Members
CITIC Securities designates [blank] as the project coordinator for this issuance, and specifies [blank] and [blank] as other project team members.
Basic Information of the Issuer
Basic Information of the Issuer
| Company Name | Shentong Express Co., Ltd. |
|---|---|
| Total Shares | 1,530,802,166 shares |
| Stock Code | 002468.SZ |
| Stock Exchange | Shenzhen Stock Exchange |
| Legal Representative | Chen Dejun |
| Date of Establishment | November 1, 2001 |
| Address | Zhejiang Province, Hangzhou City, Electronic Industrial Park |
| Postal Code | 317600 |
| Phone | 021-60376669 |
| Fax | 021-60376600 |
| Website | www.sto.cn |
| ir@sto.cn |
Shareholding Structure
As of December 31, 2025, Shentong Express's total shares amount to 1,530,802,166 shares, with the shareholding structure as follows:
| Share Type | Quantity (shares) | Percentage (%) |
|---|---|---|
| A-shares | 63,602,200 | 4.15 |
| Domestic Legal Person Shares | - | - |
| Other Domestic Shares | 63,602,200 | 4.15 |
| Foreign Shares | - | - |
| Other Foreign Shares | - | - |
| Total | 1,530,802,166 | 100.00 |
6. Opinions on the Internal Review Process and Internal Review
(1) Internal Review Process
The internal review department will be responsible for the internal review of projects undertaken by the organization and will conduct a preliminary review of the projects submitted for approval. The internal review department will require project applicants to submit relevant materials and specify the legal responsibilities of the core members involved in the project application. At the same time, the internal review department will coordinate with the project situation, inviting external legal advisors and accountants to provide professional support for the internal review. The internal review department will ensure that the project is adequately supported by the relevant personnel, and the project leader will be responsible for the internal review process, consulting on the adequacy of the materials submitted and the legal consequences that may arise.
The internal review department will conduct detailed assessments based on the project and compile a quality report, focusing on whether the project complies with legal regulations, the nature of the documents, and the requirements of the relevant laws. It will also identify any issues and risks, providing feedback and suggestions. The internal review department will summarize the project and submit it to the internal review committee for collective evaluation, along with the opinions of the project leader and other stakeholders. The internal review committee will review the project and provide feedback to the internal review department, ensuring that the opinions are reflected in the project materials and external reports.