Reply to the Inquiry Letter Regarding Anhui Delixi Daily Glass Co., Ltd.'s Application for Issuing Shares to Specific Objects
To: Shenzhen Stock Exchange Listing Review Center
According to your inquiry letter regarding Anhui Delixi Daily Glass Co., Ltd.'s application for issuing shares to specific objects (Inquiry Letter [2026] 120010), Tianzhi International Accounting Firm (hereinafter referred to as "we" or "the accountants"), as the auditing institution for Anhui Delixi Daily Glass Co., Ltd. (hereinafter referred to as "the company" or "the issuer"), provides the following responses to the matters that require verification and explanation by the accountants as mentioned in your inquiry letter:
Some totals in this reply may differ from the sum of individual items due to rounding, unless otherwise specified.
1. Total Amount of Funds to be Raised
The total amount of funds to be raised in this issuance is not more than RMB 885.4166 million (including this amount), and after deducting issuance costs, all funds will be used to supplement working capital or repay bank loans. The method of issuance is pricing, and the issuer is Liaoning Yiyuan Aviation Technology Co., Ltd. (hereinafter referred to as "Yiyuan Aviation"). According to the upper limit of the issuance, after the completion of this issuance, Yiyuan Aviation will hold no more than 117,585,200 shares of the company, accounting for 23.08% of the total share capital after the issuance. This issuance will lead to a change in the actual controller of the company, with the actual controllers changing to Wang Tianzhong and Xu Qinghua. The company's actual controller, Shi Weidong, has unconditionally and irrevocably agreed to waive all non-financial rights such as proposal rights, voting rights, and convening rights corresponding to the shares he holds.
After the completion of this issuance, the general manager, financial director, and board secretary of the listed company will be nominated by Yiyuan Aviation. Shi Weidong has the right to nominate one executive vice president and one financial vice president responsible for the company's daily glass business.
2. Major Shareholders
Shareholders holding more than 5% of the company's shares include Hangzhou Jinjiang Group Co., Ltd., with a shareholding ratio of 10.56%; and Xinyu Deshang Investment Management Co., Ltd., with a shareholding ratio of 5%. As of now, the company's controlling shareholder and actual controller, Shi Weidong, has pledged 49 million shares to Hangzhou Jinjiang Group Co., Ltd.