Independent Financial Advisor's Statement
Guolian Minsheng Securities Co., Ltd. (formerly Huaying Securities Co., Ltd.) has been entrusted by the listed company to act as the independent financial advisor for Jiangsu Aoliwei Sensor High-Tech Co., Ltd.'s major asset purchase. In accordance with the relevant laws, regulations, and guidelines, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and the Management Measures for Major Asset Restructuring of Listed Companies (2023 Revision), this independent financial advisor has conducted a prudent review and issued the continuous supervision opinion for the major asset purchase based on the 2025 annual report of Jiangsu Aoliwei Sensor High-Tech Co., Ltd. The documents and materials on which this continuous supervision opinion is based have been provided by the listed company and the parties involved in the transaction, who bear full responsibility for their authenticity, accuracy, and completeness. This continuous supervision opinion does not constitute any investment advice for Jiangsu Aoliwei Sensor High-Tech Co., Ltd., and the independent financial advisor assumes no responsibility for any risks arising from investment decisions made by investors based on this opinion. The independent financial advisor has not commissioned or authorized any other institution or individual to provide information not included in this continuous supervision opinion or to make any interpretations or explanations regarding this opinion. The independent financial advisor urges investors to carefully read the relevant announcement documents of Jiangsu Aoliwei Sensor High-Tech Co., Ltd.
Table of Contents
- Independent Financial Advisor's Statement
- Asset Delivery or Transfer Situation
- (1) Basic Situation of the Transaction
- (2) Transfer of Target Assets and Payment of Transaction Price
- (3) Independent Financial Advisor's Review Opinion
- Fulfillment of Commitments by Transaction Parties
- (1) Main Commitments Made by Transaction Parties
- (2) Independent Financial Advisor's Review Opinion
- Realization of Profit Forecasts or Profit Predictions
- Current Development Status of Various Businesses Mentioned in Management Discussion and Analysis
- (1) Main Business Operations of the Listed Company
- (2) Key Financial Data and Indicators of the Listed Company for 2025
- (3) Execution of Integration and Control Arrangements for Purchased Assets
- (4) Independent Financial Advisor's Review Opinion
- Company Governance Structure and Operational Situation
- (1) Governance Situation of the Listed Company
- (2) Independent Financial Advisor's Review Opinion
- Other Matters with Differences from Announced Restructuring Plans
- Summary of Continuous Supervision