Changzhou Yingzhong Technology Co., Ltd. (hereinafter referred to as "the Listed Company" or "the Company") intends to acquire 51% of the equity of Changzhou Yingzhong Electric Co., Ltd. (hereinafter referred to as "the Target Company" or "Yingzhong Electric") held by Yu Biao, Yu Yingzhong, and Zhu Lijuan through cash payment (hereinafter referred to as "this Transaction").
Guotai Junan Securities Co., Ltd. (hereinafter referred to as "Independent Financial Advisor" or "Guotai Junan") as the Independent Financial Advisor for this Transaction of the Listed Company, based on full due diligence and internal review, hereby makes the following commitments: