Verification Opinion of Guolian Minsheng Securities on Guangdong Taili Technology Group Co., Ltd.'s 2025 Fundraising Management and Usage
Guolian Minsheng Securities Co., Ltd. (hereinafter referred to as "Guolian Minsheng" or "the Sponsor") has conducted a verification of the fundraising management and usage of Guangdong Taili Technology Group Co., Ltd. (hereinafter referred to as "Taili Technology" or "the Company") for the year 2025, as the continuous supervision institution. This verification was carried out in accordance with relevant regulations including the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules (2025 Revision)," "Regulations on the Supervision of Fundraising by Listed Companies," and "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies (2025 Revision)." The specific verification results are as follows:
1. Basic Situation of Fundraising
(1) Actual Amount Raised and Fund Arrival Time
According to the China Securities Regulatory Commission's approval document "Approval of Guangdong Taili Technology Group Co., Ltd. for Initial Public Offering Registration" (Zheng Jian Xu Ke [2025] No. 308), the Company was authorized to issue 27,070,000 shares of ordinary shares (A shares) to the public at a price of RMB 17.05 per share, raising a total of RMB 46.15 million. After deducting issuance expenses, the net amount raised was RMB 36.95 million. The accounting firm, Zhitong Certified Public Accountants (Special General Partnership), verified the arrival of the raised funds on May 14, 2025, and issued a "Verification Report" (Zhitong Yan Zi [2025] No. 441C000121).
(2) Usage and Balance of Fundraising
As of December 31, 2025, the specific usage of the raised funds by the Company was as follows:
| Project | Amount |
|---|---|
| Net Amount Raised | 36,952.07 |
| Initial Cumulative Amount | 0.00 |
| Interest Income (including cash management income) | 0.00 |
| Current Period Amount | 6,979.54 |
| Cumulative Amount | 6,979.54 |
| Interest Income (including cash management income) | 106.88 |
| Ending Balance | 30,079.41 |
2. Storage and Management of Fundraising
On October 28, 2022, the Company held its fourth extraordinary general meeting of shareholders in 2022, which approved the "Management System for Fundraising of Guangdong Taili Technology Group Co., Ltd." On November 14, 2025, the Company held its fourth extraordinary general meeting of shareholders in 2025, which approved the "Proposal to Amend the Fundraising Management System." According to the current effective "Management System for Fundraising of Guangdong Taili Technology Group Co., Ltd." (hereinafter referred to as "the Management System"), the raised funds should be stored in specialized accounts approved by the board of directors for centralized management. When using the raised funds, the Company must strictly follow application and approval procedures and supervise the usage to ensure that the funds are used for their intended purpose.
The Company and its subsidiary, Wuhan Taili Technology Co., Ltd., opened specialized accounts for the storage and usage of the raised funds and signed a "Tripartite Supervision Agreement" (hereinafter referred to as "the Supervision Agreement") with the sponsor, Minsheng Securities Co., Ltd., and the banks where the funds are stored, including the Zhongshan Branch of Bank of Communications Co., Ltd., the Zhongshan Branch of China Merchants Bank Co., Ltd., and the Zhongshan Branch of Zhuhai China Resources Bank Co., Ltd. on May 29, 2025. The specific content can be found in the announcement disclosed by the Company on May 30, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn) titled "Announcement on Signing the Tripartite Supervision Agreement for Fundraising" (Announcement No.: 2025-001). The Company's Supervision Agreement does not differ significantly from the Shenzhen Stock Exchange's supervision agreement template, and the Company has strictly complied with the regulations when using the raised funds.