Sponsorship Letter for Listing
1. Sponsor and Sponsor Representatives' Declaration
CITIC Construction Investment Securities Co., Ltd. and the project sponsor representatives Song Huayang and Gan Weiliang have issued this sponsorship letter in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and relevant regulations from the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange (SZSE). They affirm that they have acted honestly and diligently, ensuring that the documents provided are true, accurate, and complete.
2. Table of Contents
- Basic Information of the Issuer
- (1) Overview of the Issuer
- (2) Main Business, Core Technology, and R&D Level
- (3) Key Operational and Financial Data
- (4) Major Risks Faced by the Issuer
- Details of the Issuer's Stock Issuance
- (1) Types and Par Value of Stocks Issued
- (2) Issuance Method and Timing
- (3) Target Investors and Subscription Method
- (4) Pricing Benchmark Date, Principles, and Issuance Price
- (5) Number of Shares Issued
- (6) Lock-up Period
- (7) Use and Amount of Raised Funds
- (8) Arrangement for Undistributed Profits
- (9) Listing Location
- (10) Validity Period of Resolutions
- Information on the Sponsor Representatives, Co-sponsors, and Other Project Team Members
- Explanation of Any Circumstances Affecting the Impartiality of the Sponsor's Duties
- Commitments Required by the Sponsor
- Confirmation of Compliance with Decision-making Procedures
- Professional Judgment on Compliance with Sector Positioning and National Industrial Policy
- Work Arrangements During Continuous Supervision
- Other Matters for Explanation
- Conclusion of the Sponsor Regarding the Project
3. Basic Information of the Issuer
(1) Overview of the Issuer
- Company Name: Sichuan Chuanhuan Technology Co., Ltd.
- Registered Address: Dongliu Industrial Park, Dazhu County
- Established: June 21, 2002
- Listed: September 30, 2016
- Registered Capital: 216,906,174 RMB
- Stock Exchange: Shenzhen Stock Exchange
- Stock Abbreviation: Chuanhuan Technology
- Stock Code: 300547.SZ
- Legal Representative: Wen Qichao
- Board Secretary: Zhou Xianhua
- Contact Number: 0818-6923198
- Website: www.chuanhuan.com
Main Business: Research, development, production, and sales of rubber and plastic hoses and assemblies, sealing components, shock-absorbing products, and other rubber and plastic products and manufacturing equipment; technical consulting and testing services; freight logistics; import and export of various goods and technologies (excluding items restricted or prohibited by the state).
(2) Main Business, Core Technology, and R&D Level
The company focuses on the R&D, production, and sales of high-performance fluid pipelines and assemblies. In recent years, the company has actively developed liquid cooling pipeline products for energy storage systems and data servers to meet the growing demand in emerging application fields. The company is one of the largest professional suppliers of automotive fluid pipelines in China and also a major supplier of motorcycle fluid pipeline products, providing all vehicle pipelines for traditional fuel vehicles and new energy vehicles. The company has established a strong reputation in the industry and actively participates in setting national and industry standards.
(3) Key Operational and Financial Data
- Consolidated Balance Sheet Main Data (Unit: 10,000 RMB)