Sponsorship Letter
Changjiang Securities Co., Ltd. (hereinafter referred to as "Changjiang Sponsor," "Sponsor," or "Sponsoring Institution") accepts the entrustment of Fujian Acetron New Materials Co., Ltd. (hereinafter referred to as "Acetron," "Issuer," or "Company") to act as its sponsor for the issuance of A-shares to specific investors in 2025. Changjiang Securities and the sponsoring representatives will issue the 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 other relevant laws, regulations, and the provisions of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, ensuring honesty, diligence, and compliance with established business rules, industry practices, and ethical standards, while guaranteeing the authenticity, accuracy, and completeness of the documents issued. Unless otherwise specified, the abbreviations and terms used in this sponsorship letter are consistent with those in the fundraising prospectus.
Table of Contents
- Statement
- Basic Information of the Issuer
- Overview of the Issuer
- Main Business of the Issuer
- Core Technologies and R&D Level of the Issuer
- Key Operating and Financial Data and Indicators
- Major Risks Faced by the Issuer
- Securities Issuance Situation
- Overview of the Issuance
- Sponsoring Representatives and Other Team Members
- Relationship Between the Sponsor and the Issuer
- Commitments of the Sponsor
- Relevant Decision-Making Procedures for the Securities Issuance and Compliance with Issuance and Listing Conditions
- Authorizations and Approvals Obtained for the Issuance
- Approvals Still Required
- Compliance with Regulations for the Issuance of Shares to Specific Investors
- Arrangement for Continuous Supervision After the Securities Issuance
- Conclusion of the Sponsor Regarding the Securities Issuance and Listing
1. Basic Information of the Issuer
1. Overview of the Issuer
- Issuer Name: Fujian Acetron New Materials Co., Ltd.
- English Name: Fujian Acetron New Materials Co., Ltd.
- Registered Address: No. 66, Zhanghu Road, Zhanggang Street, Changle District, Fuzhou City
- Registered Capital: RMB 153,301,499.00
- Legal Representative: Chen Qinzong
- Date of Establishment: October 29, 2002
- Unified Social Credit Code: 913501007438096369
- Contact Number: 0591-83056265
- Fax Number: 0591-28798333
- Website: http://www.acetron.com.cn
- Email: zqswb@acetron.com.cn
- Department Responsible for Information Disclosure and Investor Relations: Board Office
- Person in Charge of Information Disclosure and Investor Relations: Sun Hao
- Phone of Person in Charge: 0591-83056265
- Business Scope: Production, R&D, and sales of vacuum deposition materials made from metals, rare metals, rare earths, precious metals, and their alloys; production, R&D, and sales of optical components, flat panel display materials, wire supports, and optical glass; self-operated and agency import and export of various goods and technologies, except for those restricted or prohibited by the state.
2. Main Business of the Issuer
The company mainly engages in the R&D, production, and sales of PVD coating materials (sputtering targets, evaporation materials), which are widely used in flat panel displays, optical components, and energy-saving glass. The company has developed several products for applications in LED and semiconductor fields, making it a comprehensive PVD coating material manufacturer with a complete range of products, extensive application fields, and comprehensive process technology.
3. Core Technologies and R&D Level of the Issuer
The company has developed various sputtering targets characterized by high purity, high density, and uniform grain size, which are generally composed of target blanks and backing plates (or backing tubes). The company's representative sputtering target products include: