CITIC Securities Co., Ltd.
Special Due Diligence Opinion on Shenzhen Minbao Optoelectronics Co., Ltd.'s Transaction Meeting the "Small and Fast" Review Conditions
Shenzhen Minbao Optoelectronics Co., Ltd. (hereinafter referred to as "the Company" or "Minbao Optoelectronics") intends to acquire 49% equity of Xiamen Xuzhi Precision Technology Co., Ltd. (hereinafter referred to as "Xuzhi Precision") from Xiamen Meida Intelligent Technology Co., Ltd. (hereinafter referred to as "the Counterparty") by issuing shares (hereinafter referred to as "the Transaction"). In accordance with Articles 44 and 45 of the "Shenzhen Stock Exchange Listed Company Major Asset Reorganization Review Rules" (hereinafter referred to as the "Review Rules"), the Company's board of directors has reviewed whether the Transaction meets the "small and fast" review conditions and issued its opinion that the Transaction meets the "small and fast" review conditions.