Special Verification Opinion
As the sponsor for the initial public offering and listing of Chongqing International Composite Materials Co., Ltd. (hereinafter referred to as "International Composite" or "the Company"), Kaiyuan Securities Co., Ltd. (hereinafter referred to as "Kaiyuan Securities") conducted a special verification of the financial transactions involving deposits, loans, and other financial services with Yunnan Yuntianhua Financial Co., Ltd. (hereinafter referred to as "Yuntianhua Financial" or "the Financial Company") for the year 2025, in accordance with relevant regulations.
1. Basic Information of the Financial Company
Yunnan Yuntianhua Financial Co., Ltd. was established in 2013 with approval from the China Banking and Insurance Regulatory Commission and is a non-bank financial institution. It was registered on October 10, 2013. The basic information of Yuntianhua Financial is as follows:
| Item | Details |
|---|---|
| Unified Social Credit Code | 91530000077647005U |
| Registered Capital | RMB 1 billion |
| Paid-in Capital | RMB 1 billion |
| Type | Limited Liability Company (State-owned) |
| Address | 3rd Floor, Building 2, No. 1417 Dianchi Road, Kunming, Yunnan |
| Legal Representative | Peng Ke |
| Date of Establishment | October 10, 2013 |
| Business Duration | From October 10, 2013 to long-term |
| Shareholding Structure | Issuer 10.00%, Yuntianhua Group 44.00%, Yunnan Phosphate Group Co., Ltd. 18.00%, Yuntianhua Co., Ltd. 18.00%, Yunnan Tianning Mining Co., Ltd. 5.00%, Yunnan Energy Investment Co., Ltd. 5.00% |
2. Financial Service Agreement and Main Terms
On April 30, 2025, the Company renewed a three-year Financial Service Agreement with Yuntianhua Financial. The main contents of the Financial Service Agreement are as follows:
Party A: Chongqing International Composite Materials Co., Ltd.
Party B: Yunnan Yuntianhua Financial Co., Ltd.
(1) Service Content
Party B provides Party A with a range of financial services, including but not limited to domestic and foreign currency deposit services, settlement services, loan services, bill discounting services, and other businesses approved by the National Financial Regulatory Administration. Specific services include:
- Accepting deposits from Party A.
- Processing loans for Party A.
- Handling bill discounting and acceptance for Party A.
- Managing fund settlement and payment for Party A.
- Providing entrusted loans, non-financial guarantees, financial consulting, credit verification, and agency services for Party A.