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Verification Opinion of Huatai United Securities Co., Ltd. on Nanjing Baose Co., Ltd.'s Delay in Returning Idle Raised Funds

Baose Co., Ltd.··6 pages

✨ AI Summary

Huatai United Securities has verified Nanjing Baose's request to delay the return of idle raised funds, allowing continued use for temporary working capital. The company plans to extend the usage period for up to 200 million RMB for 12 months. This decision aims to enhance fund efficiency and reduce financial costs without affecting ongoing investment projects.

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AI Translation· azure_openai

Verification Opinion of Huatai United Securities Co., Ltd. on Nanjing Baose Co., Ltd.'s Delay in Returning Idle Raised Funds

Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities" or "Sponsor") has conducted a prudent review of Nanjing Baose Co., Ltd. (hereinafter referred to as "Baose" or "Company") regarding the delay in returning idle raised funds and the continued use for temporary working capital, in accordance with relevant laws and regulations.

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