Statement
The terms or abbreviations used in this statement have the same meanings as defined in the "Definitions" section of this Review Opinion.
In accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Takeover of Listed Companies," "Content and Format Rules for Information Disclosure of Publicly Issued Securities No. 15 - Report on Changes in Equity," "Content and Format Rules for Information Disclosure of Publicly Issued Securities No. 16 - Report on the Takeover of Listed Companies," and other relevant laws, regulations, and normative documents, Tianfeng Securities Co., Ltd. hereby issues this review opinion on the content disclosed in the "Detailed Report on Changes in Equity" in accordance with industry-recognized business standards, ethical norms, and the principles of honesty, trustworthiness, diligence, and conscientiousness. This financial advisor hereby makes the following statements:
I. This financial advisor has no relationship with the parties involved in this equity change, nor has it entrusted or authorized any other institution or individual to provide information not listed in this review opinion or to provide any explanation or clarification of this review opinion.
II. The documents and materials on which this review opinion is based were provided by the information disclosure obligor and its concerted parties. The information disclosure obligor and its concerted parties have guaranteed to this financial advisor that all documents and materials provided are true, accurate, complete, and timely, and do not contain any material omissions, false records, or misleading statements, and they are responsible for their truthfulness, accuracy, completeness, and legality.
III. This financial advisor has fulfilled its due diligence obligations in accordance with regulations and has sufficient reason to believe that the professional opinion expressed does not have any substantive differences from the content of the documents disclosed by the information disclosure obligor and its concerted parties.
IV. During its tenure as a financial advisor, this financial advisor has taken strict confidentiality measures, strictly implemented risk control and internal isolation systems, and has not engaged in insider trading, market manipulation, or securities fraud.
V. This financial advisor specifically reminds investors that this review opinion does not constitute any investment advice for the parties involved in this equity change. Investors will bear any risks arising from investment decisions made based on this review opinion, and this financial advisor shall not be held liable.
VI. This financial advisor specifically reminds investors to carefully read the "Detailed Report on Changes in Equity of Suzhou Kede Education Technology Co., Ltd." and related announcements disclosed by the listed company regarding this equity change.
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