Verification Opinion on Expected Daily Related Transactions for 2026
Northeast Securities Co., Ltd. (hereinafter referred to as "the Sponsor") has conducted a special verification of Zhuhai Yingboer Electric Co., Ltd. (hereinafter referred to as "Yingboer" or "the Company") regarding the expected daily related transactions for 2026, as the sponsor for the issuance of convertible corporate bonds to unspecified objects. This verification is in accordance with relevant laws and regulations, including the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Regulations on the Supervision of Funds Raised by Listed Companies," "Shenzhen Stock Exchange GEM Listing Rules," and "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of GEM Listed Companies." The verification results are as follows:
1. Basic Information on Daily Related Transactions
(1) Overview of Daily Related Transactions
On April 13, 2026, the Company held the 15th meeting of the 4th Board of Directors, where it reviewed and approved the proposal on the expected daily related transactions for 2026. The total transaction limit for the Company and its subsidiaries with related parties, including Leshengboer Electric (Shanghai) Co., Ltd. (hereinafter referred to as "Leshengboer"), Zhejiang Hangbo Electric Drive Co., Ltd. (hereinafter referred to as "Hangbo Electric Drive"), Shandong Yihua Intelligent Equipment Co., Ltd. (hereinafter referred to as "Shandong Yihua"), Guangdong Zhuhai Yihua New Energy Vehicle Co., Ltd. (formerly known as Zhuhai Fast New Energy Vehicle Co., Ltd., hereinafter referred to as "Yihua New Energy"), and Hangzhou Yufeng Technology Co., Ltd. (hereinafter referred to as "Hangzhou Yufeng") is 217.64 million yuan. Related directors Mr. Jiang Guibin and Mr. Wei Biao abstained from voting at the board meeting. The independent directors of the Company specially reviewed and approved the above proposal. Northeast Securities Co., Ltd. (hereinafter referred to as "the Sponsor") issued a verification opinion with no objections. According to the "Articles of Association" and "Management Measures for Related Transactions," this expected daily related transaction must be submitted to the shareholders' meeting for review, with related shareholders Mr. Jiang Guibin and Mr. Wei Biao abstaining from voting on the relevant proposal.
(2) Expected Categories and Amounts of Daily Related Transactions
| Related Transaction Category | Related Party | Related Transaction Content | Pricing Principle | Contract Amount or Expected Amount | Amount Incurred as of Disclosure Date | Amount Incurred Last Year |
|---|---|---|---|---|---|---|
| Purchase of raw materials | Leshengboer | Purchase of electric drive systems, power systems, and their individual products | Fair pricing based on market price | 1,000 | 10.81 | 629.83 |
| Hangbo Electric Drive | Purchase of electric drive systems, power systems, and their individual products | Fair pricing based on market price | 2,500 | 83.43 | 116.60 | |
| Sale of products, goods | Leshengboer | Sale of electric drive systems, power systems, and their individual products | Cost plus | 16,000 | 1,235.42 | 3,340.14 |
| Hangbo Electric Drive | Sale of electric drive systems, power systems, and their individual products | Fair pricing based on market price | 2,500 | 706.97 | 1,232.82 | |
| Hangzhou Yufeng | Sale of motors, motor controllers, chargers | Fair pricing based on market price | 200 | - | - | |
| Yihua New Energy | Leasing of owned factory buildings | Fair pricing based on market price | 14 | 3.3 | 3.17 | |
| Yihua New Energy | Sale of power integration, electric drive integration products | Fair pricing based on market price | 1,050 | - | - | |
| Shandong Yihua | Sale of power integration, motor controllers, etc. | Fair pricing based on market price | 450 | 71.45 | 120.05 | |
| Provision of services | Leshengboer | R&D services | Different pricing based on service content | 1,200 | 253.08 | 1,278.57 |