Financial Advisor Statement
On May 6, 2025, Li Hongqing signed a "Share Transfer Agreement" with Zhongchuang Xinhang, agreeing to transfer 87,620,380 shares of the company to Zhongchuang Xinhang through a private transfer. On the same day, both parties signed a "Voting Rights Waiver Agreement," whereby Li Hongqing irrevocably waived his voting rights for 155,725,311 shares of the listed company for 60 months from the date of completion of the share transfer registration and payment of the transfer price. On May 6, 2025, Zhongchuang Xinhang and Suao Sensor signed a "Conditional Share Subscription Agreement" to subscribe for no more than 119,482,337 shares of A-shares issued by the listed company to specific targets, with a subscription amount not exceeding 672,685,557.31 yuan. Guolian Minsheng Securities was entrusted by Zhongchuang Xinhang to act as the financial advisor for this equity change. According to the "Acquisition Management Measures" and other laws and regulations, this financial advisor will perform continuous supervision duties for Zhongchuang Xinhang and the listed company for 12 months from the announcement of the "Detailed Equity Change Report" by Suao Sensor on May 6, 2025. Through daily communication and in conjunction with the listed company's 2025 annual report, 2026 Q1 report, and other temporary announcements, this financial advisor issues the continuous supervision opinion for 2025 and Q1 2026. This financial advisor particularly reminds investors that this continuous supervision opinion does not constitute any investment advice for the listed company, and the financial advisor bears no responsibility for any risks arising from investment decisions made by investors based on this continuous supervision opinion. This financial advisor has not entrusted or authorized any other institution or individual to provide information not listed in this continuous supervision opinion or to make any interpretations or explanations regarding this continuous supervision opinion. Meanwhile, this financial advisor urges investors to carefully read the listed company's 2025 annual report, 2026 Q1 report, and other information disclosure documents.
Table of Contents
- Financial Advisor Statement
- Definitions
- Changes in Equity of the Listed Company and Transfer of Target Shares
- Compliance of Information Disclosure Obligors and the Listed Company
- Fulfillment of Public Commitments by Information Disclosure Obligors
- Implementation of Subsequent Plans
- Provision of Guarantees or Loans
- Fulfillment of Other Business Obligations in Equity Changes