301503SZSE

Guotai Junan Securities Co., Ltd. Review Opinion on Zhuhai Zhidi Technology Co., Ltd. Using Own Funds for Project Payments

Zhiditech Co., Ltd.··5 pages

✨ AI Summary

Guotai Junan Securities conducted a review regarding Zhuhai Zhidi Technology's use of its own funds to pay part of its fundraising project costs, with plans to replace these with raised funds within six months. The total raised funds amounted to RMB 63.18 million, with a net amount of RMB 55.59 million after expenses. The board approved this approach to enhance operational efficiency without affecting the project's normal implementation.

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Full Translation

AI Translation· azure_openai

Review Opinion on the Use of Own Funds for Project Payments

Guotai Junan Securities Co., Ltd. (hereinafter referred to as "Guotai Junan" or "the Sponsor") is the sponsor for Zhuhai Zhidi Technology Co., Ltd. (hereinafter referred to as "Zhidi Technology," "the Company," or "the Issuer") for its initial public offering and listing on the Growth Enterprise Market. In accordance with relevant laws and regulations, including the "Regulations on the Management of Sponsorship for Securities Issuance and Listing," the "Regulations on the Supervision of Fundraising by Listed Companies," and the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," Guotai Junan conducted a prudent review of Zhidi Technology's use of its own funds to pay part of the fundraising project costs and the subsequent replacement with raised funds. The following review opinion is issued:

1. Basic Situation of Fundraising

According to the China Securities Regulatory Commission's approval (Zheng Jian Xu Ke [2023] No. 1158), the Company is authorized to publicly issue 20 million shares of RMB ordinary shares (A shares) at an issue price of RMB 31.59 per share, raising a total of RMB 631.80 million. After deducting various issuance expenses of RMB 75.94 million (excluding tax), the actual net amount raised is RMB 555.86 million. The above fundraising status has been verified by Zhongzheng Zhonghuan Accounting Firm (Special General Partnership), which issued Verification Report No. (2023) 0600015. The Company has signed a "Tripartite Supervision Agreement on Fundraising" with the sponsor and the bank holding the raised funds to jointly supervise the use of the funds. The net proceeds from the public offering are planned to be used for the following projects after deducting issuance expenses:

Project NameTotal Investment (10,000 RMB)Fundraising Investment Amount (10,000 RMB)
Computer Peripheral Product Expansion Project2463.5692463.569
R&D Center Construction Project803.490803.490
Information System Upgrade Project433.358433.358
Supplementing Working Capital1300.0001300.000
Total5000.4175000.417

2. Reasons for Using Own Funds for Project Payments

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