CITIC Securities Co., Ltd. Regarding the Review Opinion on the Industrial Policy and Transaction Type of Zhejiang Jiemai Electronic Technology Co., Ltd. for the Current Transaction
Zhejiang Jiemai Electronic Technology Co., Ltd. (hereinafter referred to as "the Company") intends to acquire 100% equity of Changsha Aifu Science and Technology Co., Ltd. (hereinafter referred to as "the Target Company") by issuing shares and raise supporting funds (hereinafter referred to as "the Current Transaction"). CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Independent Financial Advisor") is the independent financial advisor for the Company's Current Transaction. In accordance with the "Guiding Opinions on the Application of Regulatory Rules - Class I for Listed Companies" issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), the "Guiding Opinions on Self-Regulation of Listed Companies No. 8 - Major Asset Restructuring" issued by the Shenzhen Stock Exchange, and other normative documents, the Independent Financial Advisor has conducted a special review on whether the Company's Current Transaction falls within the industries prioritized for encouraged mergers and acquisitions, whether it constitutes an upstream or downstream acquisition within the same industry, whether it constitutes a restructuring of the listed company, whether it involves the issuance of shares, and whether the Company is under investigation by the CSRC that has not yet concluded. The review opinion is hereby issued as follows:
I. Whether the industry or enterprise involved in the Current Transaction falls within the "Automobile, Steel, Cement, Shipbuilding, Electrolytic Aluminum, Rare Earth, Electronic Information, Pharmaceutical, Leading Agricultural Industrialization Enterprises, High-end Numerical Control Machine Tools and Robots, Aerospace Equipment, Marine Engineering Equipment and High-tech Ships, Advanced Rail Transit Equipment, Power Equipment, Next-Generation Information Technology, New Materials, Environmental Protection, New Energy, Biological Industry; Other Industries Urgently Needing Accelerated Integration and Transformation and Upgrading as Required by the CPC Central Committee and the State Council" as defined by the CSRC's "Guiding Opinions on the Application of Regulatory Rules - Class I for Listed Companies".