1. Statement
According to the requirements of the "Measures for the Administration of Acquisitions of Listed Companies" and other laws and regulations, Huatai United Securities Co., Ltd. serves as the financial advisor for Shandong Zhaojin Group Co., Ltd.'s acquisition of Baoding Technology Co., Ltd. The continuous supervision period lasts from the announcement of the acquisition report by Baoding Technology until 12 months after the completion of the acquisition (i.e., from November 4, 2025, to 12 months after the completion of the acquisition). On March 21, 2026, Baoding Technology disclosed the 2025 annual report. Based on the aforementioned 2025 report and regular communications, Huatai United issued the continuous supervision opinion for the period from November 4, 2025, to December 31, 2025 (hereinafter referred to as "this continuous supervision period"). The documents and written materials on which this opinion is based are provided by the acquirer and its concerted parties, and the acquirer and its concerted parties, as well as the listed company, guarantee full and joint responsibility for the authenticity, accuracy, and completeness of these materials. This financial advisor is responsible for the authenticity, accuracy, and completeness of the opinions expressed.