Guotai Junan Securities Co., Ltd.
Audit Report of Guotai Junan Securities Co., Ltd. on the Termination of the Share Issuance for Asset Purchase and Fundraising Related Transaction by Qingdao Haitech Mould & Plastic Technology Co., Ltd.
Guotai Junan Securities Co., Ltd. (hereinafter referred to as "Guotai Junan" or "Independent Financial Advisor") as the independent financial advisor for Qingdao Haitech Mould & Plastic Technology Co., Ltd. (hereinafter referred to as "Haitech" or "the Company" or "the Company")'s proposed issuance of shares and payment of cash to purchase assets and raise supporting funds, a related transaction (hereinafter referred to as the "Transaction"), in accordance with the "Administrative Measures for Major Asset Restructuring of Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 8 - Major Asset Restructuring" and other relevant laws and regulations, has prudently reviewed the process and termination reasons of the Transaction, and based on the confirmed relevant information, hereby issues the Independent Financial Advisor's Audit Report (hereinafter referred to as the "Audit Report") as follows:
I. Basic情况 of the Transaction
The Company proposed to acquire 98.21% of the shares of Qingdao Xuyu Land Materials Co., Ltd. (hereinafter referred to as the "Target Company" or "Xuyu Shares") held by 88 shareholders through the issuance of shares and payment of cash, and simultaneously issue shares to no more than 35 eligible specific subjects to raise supporting funds.
According to the "Administrative Measures for Major Asset Restructuring of Listed Companies," the Transaction was expected to constitute a related transaction, but not a major asset restructuring or a restructuring for backdoor listing, and would not lead to a change in the Company's control.
II. Work Done by the Company in Promoting the Transaction