Letter of Sponsorship for Shanghai STEP Electric Corporation's 2025 Private Placement of Shares
Sponsoring Institution (27th and 28th Floors, Guomao Tower, No. 1 Jianguomenwai Avenue, Chaoyang District, Beijing) June 2026
This letter of sponsorship is issued by China International Capital Corporation Limited (hereinafter referred to as "the Sponsoring Institution" or "CICC") at the request of Shanghai STEP Electric Corporation (hereinafter referred to as "STEP", "the Issuer", "the Listed Company", or "the Company") regarding the Issuer's plan to issue shares to specific investors and list on the main board (hereinafter referred to as "this issuance"). The Sponsoring Institution and its sponsoring representatives have prepared this letter 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 Sponsorship of Securities Issuance and Listing, the Administrative Measures for the Registration of Securities Issuance by Listed Companies, the Listing Rules of the Shenzhen Stock Exchange, and relevant regulations from the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange. The Sponsoring Institution guarantees that the documents provided are true, accurate, and complete.
1. Basic Information of the Issuer
(1) Basic Information
| Item | Details |
|---|---|
| Company Name | Shanghai STEP Electric Corporation |
| English Name | Shanghai STEP Electric Corporation |
| Registered Address | No. 1560, Siyilu, Jiading District, Shanghai |
| Registration Date | March 10, 1995 |
| Registered Capital | 663,061,291 RMB |
| Legal Representative | Liu Changwen |
| Listing Date | December 24, 2010 |
| Listing Board | Main Board of Shenzhen Stock Exchange |
| Business Scope | Production and processing of electric control equipment, sales of machinery, communication equipment (excluding special control), instruments, and consulting services; engaged in import and export of goods and technology. (Business requiring administrative licenses is conducted with the relevant permits.) |
| Contact Number | 021-69896737 |
| Postal Code | 201801 |
| Fax | 021-69926163 |
| Company Website | www.stepelectric.com |
| step@stepelectric.com | |
| Type of Securities Issued | Private placement of shares |
(2) Key Financial Data and Indicators
- Consolidated Balance Sheet Main Data (Unit: 10,000 RMB) | Item | December 31, 2025 | December 31, 2024 | December 31, 2023 | |--------------------------|-------------------|-------------------|-------------------| | Total Assets | 386,829.51 | 418,495.67 | 427,916.40 | | Total Liabilities | 261,602.24 | 293,618.52 | 274,733.96 | | Shareholders' Equity | 125,227.28 | 124,877.15 | 153,182.45 | | Equity Attributable to Parent Company | 125,243.41 | 124,907.01 | 153,214.49 |