Verification Opinion of Changjiang Securities on the Completion of Fundraising Projects of Wuhan Dier Laser Technology Co., Ltd.
Changjiang Securities Co., Ltd. (hereinafter referred to as "Changjiang Securities" or "Sponsor") has conducted a verification regarding the completion of certain fundraising projects by Wuhan Dier Laser Technology Co., Ltd. (hereinafter referred to as "Dier Laser" or "Company") in relation to its issuance of convertible bonds to unspecified investors, in accordance with relevant regulations including the "Administrative Measures for Sponsoring Securities Issuance and Listing," "Regulations on the Supervision of Fundraising by Listed Companies," and "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of GEM Listed Companies."
1. Basic Information on Fundraising
According to the approval from the China Securities Regulatory Commission regarding the registration of Dier Laser's issuance of convertible bonds to unspecified investors (Zheng Jian Xu Ke [2021] No. 2379), the company issued convertible bonds totaling RMB 840,000,000.00. The actual amount raised was RMB 840,000,000.00, with issuance costs of RMB 7,407,576.47 deducted, resulting in a net amount of RMB 832,592,423.53. Lixin Certified Public Accountants (Special General Partnership) verified the funds raised and issued Verification Report No. ZE10564 on August 12, 2021. On December 21, 2023, the company held its 16th meeting of the third board of directors and the 14th meeting of the third supervisory board, and on January 8, 2024, it held the first bondholders' meeting and the first extraordinary shareholders' meeting of 2024, where it approved the proposal to change the use of part of the raised funds.
To improve the efficiency of fund utilization, the company plans to reduce the investment amount for the "Research and Development Project for Laser Technology and Equipment Applications in the New Display Industry" while maintaining the project entity and investment content, reallocating the funds to the new project "Phase II of Dier Laser R&D and Production Base." The changes are as follows:
| No. | Project Name | Proposed Investment Amount Before Change | Proposed Investment Amount After Change |
|---|---|---|---|
| 1 | R&D of Laser Printing Technology for Efficient Solar Cells | 33,093.20 | 33,093.20 |
| 2 | R&D Project for Laser Technology and Equipment Applications in the New Display Industry | 26,046.00 | 3,536.36 |
| 3 | Phase II of Dier Laser R&D and Production Base | / | 22,509.64 |
| 4 | Supplementing Working Capital | 24,120.04 | 24,120.04 |
| Total | 83,259.24 | 83,259.24 |