Verification Opinion on the Special Report of CIMC Enric Holdings Co., Ltd. on the Management and Use of Raised Funds for 2025

Verification Opinion on the Special Report of CIMC Enric Holdings Co., Ltd. on the Management and Use of Raised Funds for 2025

CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Sponsor") is the sponsor for the initial public offering of CIMC Enric Holdings Co., Ltd. (hereinafter referred to as "CIMC Enric" or "Company") and its listing on the Growth Enterprise Market of the Shenzhen Stock Exchange. In accordance with the relevant regulations including the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Listing Rules for the Growth Enterprise Market of the Shenzhen Stock Exchange," "Self-Regulatory Guidelines for Listed Companies No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies," "Regulations on the Supervision of Raised Funds by Listed Companies," and "Self-Regulatory Guidelines for Listed Companies No. 13 - Sponsorship Business," CITIC Securities conducted a prudent verification of the special report on the management and use of raised funds for 2025 by CIMC Enric. The specific situation and verification opinions are as follows:

1. Basic Information on Raised Funds

(1) Actual Amount Raised and Timing of Fund Arrival

CIMC Enric was approved for registration by the China Securities Regulatory Commission in its document "Approval of the Initial Public Offering of CIMC Enric Holdings Co., Ltd." (Zheng Jian Xu Ke [2023] No. 1317). The lead underwriter, CITIC Securities Co., Ltd., publicly issued 90 million shares of ordinary shares (A shares) at an issue price of RMB 24.22 per share through the Shenzhen Stock Exchange system using a balance underwriting method, raising a total of RMB 2,179.80 million. After deducting the remaining payable sponsorship and underwriting fees of RMB 132.27 million (total underwriting and sponsorship fees of RMB 138.77 million: excluding tax amount of RMB 130.92 million, VAT input tax of RMB 7.85 million; previously paid inclusive of tax amount of RMB 6.50 million), the lead underwriter CITIC Securities Co., Ltd. transferred RMB 2,047.53 million into the company's raised funds supervision account at the Nantong Branch of CITIC Bank on September 28, 2023. The total amount of raised funds was RMB 2,179.80 million, and after deducting cumulative issuance expenses (excluding tax) of RMB 151.53 million, the net amount of raised funds was RMB 2,028.27 million. The arrival of the above-mentioned raised funds has been verified by Zhonghui Certified Public Accountants (Special General Partnership), which issued the "Verification Report" (Zhonghui Verification [2023] No. 9383) on September 28, 2023.

(2) Usage and Balance of Raised Funds

In 2023, RMB 84.24 million of raised funds were used, and in 2024, RMB 539.08 million were used, with RMB 15.54 million used in the current year. As of December 31, 2025, the remaining raised funds (including net interest income after deducting bank handling fees) amounted to RMB 1,504.47 million. As of December 31, 2025, the usage and balance of the raised funds in the special account are as follows: