301362SZSE

Verification Opinion of Guosen Securities Co., Ltd. on Shenzhen Minexplosion Optoelectronics Co., Ltd.'s Temporary Adjustment of Idle Land Use

Minbao Optoelectronics Co., Ltd.··4 pages

✨ AI Summary

Guosen Securities conducted a verification of Shenzhen Minexplosion Optoelectronics' proposal to temporarily adjust the use of idle land related to fundraising projects. The company raised approximately RMB 1.34 billion through an IPO, with a net amount of about RMB 1.24 billion available for investment. The board approved the temporary leasing of part of the idle land to enhance operational efficiency without negatively impacting ongoing projects.

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Verification Opinion of Guosen Securities Co., Ltd. on Shenzhen Minexplosion Optoelectronics Co., Ltd.'s Temporary Adjustment of Idle Land Use

Guosen Securities Co., Ltd. (hereinafter referred to as "Guosen Securities" or "the Sponsor") is the sponsor for the initial public offering (IPO) of Shenzhen Minexplosion Optoelectronics Co., Ltd. (hereinafter referred to as "Minexplosion Optoelectronics" or "the Company"). In accordance with the relevant laws, regulations, and normative documents such as the "Administrative Measures for the Sponsorship of Securities Issuance and Listing" and the "Regulations on the Supervision of Fundraising by Listed Companies," Guosen Securities conducted a prudent verification of Minexplosion Optoelectronics' proposal to temporarily adjust the use of idle land related to fundraising projects. The specific situation is as follows:

1. Basic Situation of Fundraising

With the approval of the China Securities Regulatory Commission regarding the registration of the initial public offering of Shenzhen Minexplosion Optoelectronics Co., Ltd. (Zheng Jian Xu Ke [2023] No. 1107), in July 2023, the Company publicly issued 26,170,000 ordinary shares (A shares) on the Shenzhen Stock Exchange at an issuance price of RMB 51.05 per share, raising a total of RMB 1,335,978,500.00. After deducting underwriting and sponsorship fees and other intermediary fees totaling RMB 92,990,761.09, the actual net amount raised was RMB 1,242,987,738.91. After the funds were received, the Company deposited all of them into a special account for fundraising and signed a "Tripartite Supervision Agreement" or "Quadripartite Supervision Agreement" with Guosen Securities and the commercial bank storing the funds to manage the storage and use of the raised funds.

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