Verification Opinions on the Re-evaluation and Progress of Certain Fundraising Projects of CIMC Enric Holdings Limited
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "the Sponsor") is the sponsor for CIMC Enric Holdings Limited (hereinafter referred to as "CIMC Enric" or "the Company") for its initial public offering (IPO) and listing on the Shenzhen Stock Exchange's Growth Enterprise Market. In accordance with relevant regulations including the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Listing Rules for Growth Enterprise Market Stocks of Shenzhen Stock Exchange," "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange—Standardized Operations of Growth Enterprise Market Listed Companies," "Regulations on the Supervision of Fundraising by Listed Companies," and "Self-Regulatory Guidelines No. 13 for Listed Companies on the Shenzhen Stock Exchange—Sponsorship Business," CITIC Securities has conducted a prudent review of the re-evaluation and progress of certain fundraising projects of CIMC Enric. The specific circumstances and verification opinions are as follows:
1. Basic Situation of Fundraising
According to the China Securities Regulatory Commission's approval document (Zheng Jian Xu Ke [2023] No. 1317), the Company has registered for its IPO, issuing 90 million new shares at an issue price of RMB 24.22 per share, raising a total of RMB 2.1798 billion. After deducting issuance expenses (excluding VAT) of RMB 151.5266 million, the net proceeds amount to RMB 2.0282734 billion. Zhonghui Certified Public Accountants (Special General Partnership) conducted a verification of the funds raised on September 28, 2023, and issued Verification Report No. 9383. In accordance with the relevant laws and regulations, the Company and its subsidiary, CIMC Services (Lianyungang) Co., Ltd., have signed "Tripartite Supervision Agreements" and "Quadripartite Supervision Agreements" with the banks holding the raised funds and the sponsoring institution. The raised funds are stored in a special account established for this issuance, with dedicated management for the storage and use of the funds.
According to the Company's "Prospectus for the Initial Public Offering of Shares and Listing on the Growth Enterprise Market" and the announcement regarding adjustments to the internal investment structure and construction period of certain fundraising projects, as well as the use of excess funds for additional investments, the fundraising investment projects and usage plans are as follows: