Verification Opinion of Zhongtai Securities Co., Ltd. on Guibao Pet Food Group Co., Ltd.'s Use of Idle Funds for Cash Management
Zhongtai Securities Co., Ltd. (hereinafter referred to as "Zhongtai Securities" or "Sponsor") has conducted a prudent review of Guibao Pet Food Group Co., Ltd. (hereinafter referred to as "Guibao Pet" or "Company") regarding the use of idle self-owned funds for cash management, in accordance with relevant regulations including the "Administrative Measures for Sponsorship of Securities Issuance and Listing," "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," and "Listing Rules for Growth Enterprise Market Stocks of the Shenzhen Stock Exchange." The specific circumstances are as follows:
I. Basic Situation of Using Idle Self-Owned Funds for Cash Management
(1) Investment Purpose, Subject, and Amount
To further improve the efficiency and return level of the company's idle self-owned funds, without affecting the normal operational funding needs and ensuring the safety and liquidity of funds, the company plans to use idle self-owned funds for cash management, with a maximum amount not exceeding 2 billion RMB. The funds can be used on a rolling basis, but the total transaction amount of cash management products (including reinvested earnings) at any point during the investment period must not exceed the aforementioned limit.
(2) Investment Variety
The idle self-owned funds will be used to purchase investment products that are highly secure and liquid, issued by quality institutions (including large bank certificates of deposit, bank deposits, structured deposits, etc.).
(3) Investment Period
The effective period is from the date of approval by the company's 2025 annual shareholders' meeting until the 2026 annual shareholders' meeting.