Zheshang Securities Co., Ltd. on Shenzhen Aikeleite Technology Co., Ltd.'s Asset Purchases and Sales in the Twelve Months Prior to the Transaction
Shenzhen Aikeleite Technology Co., Ltd. (hereinafter referred to as "the Company") intends to issue shares and pay cash to purchase 100% of the equity of Dongguan Guixiang Insulation Materials Co., Ltd. (hereinafter referred to as "Dongguan Guixiang") from its shareholders and raise supporting funds (hereinafter referred to as "the Transaction").
Zheshang Securities Co., Ltd. (hereinafter referred to as "Zheshang Securities" or "Independent Financial Advisor") serves as the independent financial advisor for the Company's Transaction. In accordance with the "Measures for the Administration of Major Asset Restructuring of Listed Companies" (hereinafter referred to as the "Restructuring Measures"), Zheshang Securities has prudently reviewed the Company's asset purchases and sales in the twelve months prior to the Transaction and hereby expresses the following opinion: