Sponsor and Sponsor Representative Statement
CSC Financial Co., Ltd. and the project's sponsor representatives, Shan Zengjian and Zhou Jing, in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant laws, regulations, and provisions of the China Securities Regulatory Commission (CSRC), as well as the relevant business rules of the Shenzhen Stock Exchange, hereby declare that we have acted with honesty, trustworthiness, and due diligence. We have strictly followed the legally formulated business rules, industry practice standards, and ethical codes to issue this issuance sponsorship letter, and we guarantee the truthfulness, accuracy, and completeness of this issuance sponsorship letter.
Table of Contents
Definitions
In this issuance sponsorship letter, unless otherwise specified, the following terms have the following specific meanings:
| Term | Definition |
|---|---|
| CSC Financial, Sponsor | CSC Financial Co., Ltd. |
| Chenan Technology, Company, Issuer | Beijing Chenan Technology Co., Ltd. |
| This Issuance of A-shares to Specific Targets, This Issuance | Beijing Chenan Technology Co., Ltd.'s 2025 A-share issuance to specific targets |
| Hefei State Investment, Issuance Object, Subscriber | Hefei State-owned Capital Venture Investment Co., Ltd. |
| Hefei Construction Investment | Hefei Construction Investment Holding (Group) Co., Ltd. |
| Telecom Investment | China Telecom Group Investment Co., Ltd. |
| Urban Lifeline Group | Urban Lifeline Industry Development Group (Anhui) Co., Ltd. and its subsidiaries |
| USTC Lidun | Hefei USTC Lidun Safety Technology Co., Ltd., a subsidiary of the Issuer |
| SASAC of the State Council | State-owned Assets Supervision and Administration Commission of the State Council |
| Anhui SASAC | State-owned Assets Supervision and Administration Commission of the Anhui Provincial People's Government |
| Hefei SASAC | State-owned Assets Supervision and Administration Commission of the Hefei Municipal People's Government |
| Articles of Association | Articles of Association of Beijing Chenan Technology Co., Ltd. |
| Shareholders' Meeting | Shareholders' Meeting of Beijing Chenan Technology Co., Ltd. |
| Board of Directors | Board of Directors of Beijing Chenan Technology Co., Ltd. |
| Company Law | Company Law of the People's Republic of China |
| Securities Law | Securities Law of the People's Republic of China |
| Registration Management Measures | Administrative Measures for Registration of Securities Issuance by Listed Companies |
| Securities and Futures Legal Application Opinion No. 18 | Opinion on the Application of Relevant Provisions of Articles 9, 10, 11, 13, 40, 57, and 60 of the Administrative Measures for Registration of Securities Issuance by Listed Companies — Securities and Futures Legal Application Opinion No. 18 |
| CSRC | China Securities Regulatory Commission |
| SZSE | Shenzhen Stock Exchange |
| CSDC Shenzhen Branch | China Securities Depository and Clearing Corporation Limited Shenzhen Branch |
| Reporting Period | 2023, 2024, 2025, and January-March 2026 |
| Yuan, Ten Thousand Yuan, Hundred Million Yuan | RMB Yuan, RMB Ten Thousand Yuan, RMB Hundred Million Yuan |
Note: Data cited in this issuance sponsorship letter may have discrepancies between the sum of individual items and the total due to rounding or differences in precision.
Section 1 Basic Information on This Securities Issuance
- Sponsor Representatives Specifically Responsible for Recommending This Securities Issuance
CSC Financial has designated Shan Zengjian and Zhou Jing as the sponsor representatives for Chenan Technology's issuance of shares to specific targets.
The professional experience of the two sponsor representatives is as follows: