CITIC Securities Company Limited
Regarding
Sinolong New Materials Co., Ltd.
2025 Issuance of Convertible Corporate Bonds to Unspecified Qualified Investors
Issuance Sponsorship Letter
North Tower, Excellence Times Plaza (Phase II), No. 8 Center 3rd Road, Futian District, Shenzhen, Guangdong Province
August 2026
Statement
CITIC Securities Company Limited has accepted the engagement of Sinolong New Materials Co., Ltd. to act as the sponsor for Sinolong New Materials Co., Ltd.'s 2025 issuance of convertible corporate bonds to unspecified qualified investors and has issued this sponsorship letter for the current offering.
The sponsor and its designated sponsorship representatives have acted in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Measures for Securities Issuance and Registration of Listed Companies, the Management Measures for Securities Issuance and Listing Sponsorship Business, and other relevant laws, regulations, and the rules of the China Securities Regulatory Commission and the Shenzhen Stock Exchange. We have acted with honesty, integrity, and due diligence, strictly following established business rules, industry practice standards, and ethical codes to issue this sponsorship letter, and we guarantee the truthfulness, accuracy, and completeness of the documents provided. If the documents prepared and issued by the sponsor for this issuance contain false records, misleading statements, or material omissions, causing losses to investors, the sponsor will compensate investors for their losses in accordance with the law.
Unless otherwise specified, all abbreviations and definitions in this document are consistent with the Prospectus for the 2025 Issuance of Convertible Corporate Bonds to Unspecified Qualified Investors of Sinolong New Materials Co., Ltd.
Table of Contents
Statement 1
Table of Contents 2
Section I Basic Information on the Securities Issuance 3
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Name of the Sponsor 3
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Information on the Sponsor's Designated Sponsorship Representatives 3
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Project Coordinator and Other Project Team Members 3
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Basic Information of the Issuer 3
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Affiliation between the Sponsor and the Issuer 8
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Internal Review Procedures and Opinions of the Sponsor 9
Section II Sponsor's Commitments 11
Section III Sponsor's Recommendation for the Securities Issuance 12
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Decision-making Procedures for the Securities Issuance 12
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Compliance of the Issuance with the Securities Law, Management Measures for Securities Issuance and Registration of Listed Companies, and Other Laws and Regulations 12
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Verification Opinions on Paid Third-party Engagements and Related Activities 24
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Major Risk Warnings for the Issuer 25
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Verification Opinions on the Dilution of Immediate Returns and Remedial Measures 33
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Evaluation of the Issuer's Development Prospects 33
Appendix I 39
Section I Basic Information on the Securities Issuance
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Name of the Sponsor
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Information on the Sponsor's Designated Sponsorship Representatives
CITIC Securities has designated Ma Rui and Dai Wuqi as the sponsorship representatives for Sinolong New Materials' current issuance of convertible corporate bonds to unspecified qualified investors. Their primary professional experience is as follows:
Ma Rui, Executive General Manager of the Investment Banking Management Committee of CITIC Securities, sponsorship representative, certified public accountant. He has been responsible for or participated in initial public offering (IPO) projects such as Hongxin Electronics, Green-Health Pharmaceutical, East Asia Machinery, Xingtong Shipping, and Youxun Shares; refinancing projects including Xiamen Engineering's private and public placements, Jinlong Motor's rights issue and private placement, Luoping Zinc & Electricity's private placement, and Xingtong Shipping's issuance to specific targets; and major asset restructuring projects for Luoping Zinc & Electricity, Xingtong Shipping, and C&D Inc.