Zhejiang Merchants Securities Co., Ltd. Review Opinion on Compliance with Regulations for This Transaction
Shenzhen Yingtang Intelligent Control Co., Ltd. (hereinafter referred to as "the listed company" or "the company") intends to issue shares and pay cash to acquire 100% equity in Guilin Guanglong Integrated Technology Co., Ltd. and 100% equity in Shanghai Ao Jian Microelectronics Technology Co., Ltd., as well as raise supporting funds (hereinafter referred to as "this transaction"). Zhejiang Merchants Securities Co., Ltd. (hereinafter referred to as "Zhejiang Merchants Securities" or "this independent financial advisor") acts as the independent financial advisor for the listed company in this transaction. In accordance with the provisions of the "Opinions on Strengthening the Risk Prevention and Control of Integrity in the Hiring of Third Parties by Securities Companies in Investment Banking Business," a prudent review was conducted regarding the direct or indirect paid hiring of third-party institutions or individuals (hereinafter referred to as "third parties") in this transaction, and the following opinions are expressed: