Declaration
CITIC Securities Company Limited (hereinafter referred to as "CITIC Securities," "Sponsor," or "this Sponsor") has accepted the engagement by STO Express Co., Ltd. (hereinafter referred to as "STO Express," "Issuer," or "Company") to act as the sponsor for the Company's 2026 issuance of convertible corporate bonds to unspecified qualified investors and has issued this issuance sponsorship letter for this offering.
The Sponsor and the designated sponsor representatives have acted in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, the Administrative Measures for Securities Issuance and Listing Sponsorship Business, and other relevant laws, regulations, and provisions of the China Securities Regulatory Commission and the Shenzhen Stock Exchange. We have acted with honesty, integrity, and due diligence, strictly following established business rules, industry practice standards, and ethical codes to issue this sponsorship letter, and we guarantee the truthfulness, accuracy, and completeness of the documents issued. If the documents prepared and issued by the Sponsor for the Issuer's offering contain false records, misleading statements, or major omissions that cause losses to investors, the Sponsor will compensate investors for their losses in accordance with the law.
All abbreviations and definitions in this document are consistent with the "Prospectus for STO Express Co., Ltd.'s 2026 Issuance of Convertible Corporate Bonds to Unspecified Qualified Investors," unless otherwise specified.
Table of Contents
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Declaration
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Table of Contents
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Section I: Basic Information on the Securities Issuance
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Section II: Sponsor's Commitments
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Section III: Sponsor's Recommendation Opinion on the Securities Issuance
Section I: Basic Information on the Securities Issuance
I. Name of Sponsor
CITIC Securities Company Limited
II. Information on Sponsor Representatives Designated for Recommendation
CITIC Securities has designated Zhou Jiang and Bai Rixing as the sponsor representatives for STO Express's issuance of convertible corporate bonds to unspecified qualified investors. Their professional backgrounds are as follows:
Zhou Jiang, male, currently Senior Vice President of the Global Investment Banking Management Committee of CITIC Securities, sponsor representative. Projects previously responsible for or primarily participated in include: refinancing projects for China Eastern Airlines, China Merchants Energy Shipping, Yunda Holding, China MCC, and CCCC; major asset swaps and share issuance for asset acquisitions for Dingtai New Material (reorganization and listing of SF Holding), Wuhan Zhongshang (reorganization and listing of Red Star Macalline), and China Merchants Energy Shipping.
Bai Rixing, male, currently Senior Vice President of the Global Investment Banking Management Committee of CITIC Securities, sponsor representative. Projects previously responsible for or primarily participated in include: refinancing projects for Air China, Hainan Airlines, China Merchants Port, and Air China; share swap merger of Dalian Port and Yingkou Port, Jianfa Shares' acquisition of controlling interest in Red Star Macalline, and Huaxia China Resources Commercial REIT.
III. Project Coordinator and Other Project Team Members
CITIC Securities has designated Hong Zhenhuan as the project coordinator, and Fu Jinghao, Luo Xinyi, and Jin Tong as other project team members.
Professional background of the project coordinator:
Hong Zhenhuan, male, currently Vice President of the Global Investment Banking Management Committee of CITIC Securities. Projects previously responsible for or primarily participated in include: major asset swap and share issuance for asset acquisition for Qilianshan, share issuance and cash payment for asset acquisition for Qingdao Port, and major asset swap for Gree Real Estate.
IV. Basic Information of the Issuer
(I) Basic Information of the Issuer