Guotai Haitong Securities Co., Ltd.
Regarding
Zhejiang Fengli Intelligent Technology Co., Ltd.
Report on the Issuance Process and Subscriber Compliance of Private Placement of Shares to Specific Objects
Sponsor (Lead Underwriter)
August 2026
Zhejiang Fengli Intelligent Technology Co., Ltd. (hereinafter referred to as "Fengli Intelligent", "the Issuer", or "the Company") has obtained the "Approval for the Registration of the Private Placement of Shares to Specific Objects by Zhejiang Fengli Intelligent Technology Co., Ltd." (Securities Regulatory License [2026] No. 1492) issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC").
Guotai Haitong Securities Co., Ltd. (hereinafter referred to as "Guotai Haitong", "Lead Underwriter", or "Sponsor (Lead Underwriter)") as the lead underwriter for this issuance, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "Securities Law"), the "Administrative Measures for the Registration of Issuance of Securities by Listed Companies", the "Administrative Measures for the Issuance and Underwriting of Securities", the "Implementation Rules for the Business of Issuance and Underwriting of Securities by Shenzhen Stock Exchange Listed Companies" (2025 Revision), and other relevant laws and regulations, as well as the resolutions of the Issuer's Board of Directors and Shareholders' Meeting and the provisions of the issuance plan for this issuance, has investigated the compliance of the issuance process and the subscribers of the Issuer's issuance. The relevant situation is reported as follows:
I. Basic情况 of this Issuance
(I) Type of Shares Issued
The shares issued in this issuance are RMB ordinary shares (A shares) listed in mainland China.
(II) Par Value Per Share
The par value of the shares issued is RMB 1.00 per share.
(III) Number of Shares Issued
According to the "Issuance Plan for the Private Placement of Shares to Specific Objects by Zhejiang Fengli Intelligent Technology Co., Ltd." (hereinafter referred to as the "Issuance Plan") submitted by the Issuer and the Sponsor (Lead Underwriter) to the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"), the upper limit for this private placement to specific objects is the lower of RMB 730,000,000 divided by the floor price of this issuance (i.e., 22,372,050 shares) and 30% of the total share capital before this issuance (i.e., 36,030,000 shares), which is no more than 22,372,050 shares (inclusive).
Based on the subscription quotations from the subscribers, the final number of shares issued to specific objects in this issuance is 21,049,596 shares, which does not exceed the maximum issuance quantity approved by the Company's Board of Directors and Shareholders' Meeting and registered by the CSRC, does not exceed the upper limit of the planned issuance quantity in the "Issuance Plan" (i.e., 22,372,050 shares), and exceeds 70% of the upper limit of the planned issuance quantity in the "Issuance Plan" (i.e., 15,660,435 shares).
(IV) Issuance Method
This issuance is entirely conducted through private placement to specific objects. The underwriting method for this issuance is consignment underwriting.