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Beijing Securities' Audit Opinion on Qingdao Haojiang Intelligent Technology Co., Ltd.'s Termination and Reallocation of Raised Funds for New Projects

Haojiang Intelligent Co., Ltd.··14 pages

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Beijing Securities reviewed Qingdao Haojiang's plan to terminate the "Intelligent Shading Series Products New Construction Project" and reallocate its remaining raised funds to increase capital in its wholly-owned subsidiary for the "Haojiang Intelligent Thailand Production Base Construction Project (Phase II)". The decision aims to optimize fund utilization and align with strategic development. The plan has been approved by the board and requires shareholder approval.

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Beijing Securities Co., Ltd.

Audit Opinion on Qingdao Haojiang Intelligent Technology Co., Ltd.'s Termination and Reallocation of Raised Funds for New Projects

Beijing Securities Co., Ltd. (hereinafter referred to as "Beijing Securities" or "Sponsor") is the sponsor for Qingdao Haojiang Intelligent Technology Co., Ltd. (hereinafter referred to as "Haojiang Intelligent" or "the Company") for its initial public offering of shares on the ChiNext market. Based on the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," "Supervision Rules for the Management of Raised Funds by Listed Companies," "Shenzhen Stock Exchange Listing Rules for Companies on the ChiNext Market," and other relevant laws, regulations, and normative documents, Beijing Securities has investigated the matters related to the termination of the Company's raised fund investment projects, the reallocation of part of the raised funds, and the capital increase to its wholly-owned subsidiary to implement new raised fund investment projects, and hereby issues its audit opinion as follows:

I. Overview of the Change in Raised Fund Investment Projects

(I) Basic情况 of Raised Funds

With the approval of the China Securities Regulatory Commission's "Approval on the Registration of Qingdao Haojiang Intelligent Technology Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Xu Ke [2023] No. 625), the Company issued 45,300,000.00 ordinary shares of RMB ordinary shares (A shares), with a par value of RMB 1.00 per share and an issuance price of RMB 13.06 per share. The total amount of raised funds was RMB 591,618,000.00. After deducting issuance expenses (excluding tax), the net amount of raised funds was RMB 539,858,571.75. Zhongxinghua Certified Public Accountants (Special General Partnership) has audited the Company's receipt of the raised funds and issued the "Capital Verification Report" (Zhongxinghua Yan Zi [2023] No. 020012) on June 5, 2023. After the raised funds were received, the Company opened a special account for their storage, and the Company, the Sponsor, and the account-opening bank signed a "Tripartite Supervision Agreement for Raised Funds."

According to the "Prospectus for the Initial Public Offering of Shares by Qingdao Haojiang Intelligent Technology Co., Ltd. on the ChiNext Market" and the Company's raised fund utilization plan, the raised fund projects and their utilization plan are as follows:

Project NameTotal Investment (RMB 10,000)Raised Funds Investment (RMB 10,000)
Intelligent Shading Series Products New Project24,677.1412,586.05
Smart Home and Smart Healthcare Digital Factory Renovation and Expansion Project25,586.3125,586.31
Smart Office Product Capacity Expansion Project10,813.5010,813.50
Supplement Working Capital5,000.005,000.00
Total66,076.9553,985.86

(II) Changes to Previous Raised Fund Investment Projects

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