Orient Securities Company Limited(600958) underwriting sponsor Co., Ltd
About Shanghai Zhezhong Group Co.Ltd(002346) using idle raised funds
Verification opinions on purchasing Principal Guaranteed bank financial products
Orient Securities Company Limited(600958) underwriting and recommendation Co., Ltd. (hereinafter referred to as “Dongfang investment bank” or “the sponsor”) is the sponsor of initial public offering and listing of Shanghai Zhezhong Group Co.Ltd(002346) (hereinafter referred to as “Zhezhong group” or “the company”), in accordance with the guidelines for standardized operation of listed companies of Shenzhen Stock Exchange The guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds by listed companies and other relevant provisions have verified the use of idle raised funds by Shanghai Tianjie Construction Engineering Co., Ltd. (hereinafter referred to as “Tianjie construction”) to purchase Principal Guaranteed bank financial products, The details of the verification are as follows: the 16th meeting of the Fourth Board of directors held on March 9, 2022 considered and adopted the proposal on using temporarily idle raised funds to purchase financial products: “it is agreed that the subordinate company Tianjie construction will use all the surplus over raised funds (the balance as of the date of this resolution is 984834522 yuan) When purchasing principal guaranteed financial products within one year, the funds can be used in a rolling manner within one year. The purchase of financial management with idle raised funds does not change the purpose of the raised funds in a disguised manner, and does not affect the normal implementation of the raised funds project. ” Dongfang investment bank has verified the relevant agreements, board resolutions and opinions of independent directors involved in the proposal on using idle raised funds to purchase bank financial products of Shanghai Tianjie Construction Engineering Co., Ltd., a subsidiary of Zhezhong group, and issued the following verification opinions:
Tianjie construction, a subsidiary of Zhezhong group, has used idle raised funds to purchase Principal Guaranteed commercial bank financial products, which has been deliberated and approved by the board of directors. All independent directors have expressed their independent opinions with explicit consent and fulfilled the necessary legal procedures; Tianjie construction, a subsidiary of Zhezhong group, purchased Principal Guaranteed commercial bank financial products with idle raised funds this time, which complies with the relevant provisions of the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange and the guidelines for the supervision of listed companies No. 2 – regulatory requirements for the management and use of raised funds of listed companies, and there is no situation of changing the use purpose of raised funds in a disguised manner, It does not affect the normal operation of the investment plan of raised funds and does not harm the interests of shareholders;
The sponsor will continue to pay attention to the use of the company’s raised funds, urge the company to perform relevant decision-making procedures before actual use, ensure that the decision-making procedures for the use of this part of funds are legal and compliant, earnestly perform the responsibilities and obligations of the sponsor, protect the interests of all shareholders of the company, and timely express clear sponsor opinions on the actual use of the raised funds. It is suggested that when choosing financial products, the company should choose short-term, principal guaranteed and floating income products.
Based on the above opinions, Dongfang investment bank has no objection to the plan of Tianjie construction, a subsidiary of Zhezhong group, to use idle raised funds to purchase Principal Guaranteed bank financial products. (no text below this page)
(there is no text on this page, which is the signature page of the verification opinions of Orient Securities Company Limited(600958) underwriting recommendation Co., Ltd. on Shanghai Zhezhong Group Co.Ltd(002346) using idle raised funds to purchase Principal Guaranteed bank financial products) recommendation representative:
Yu Li Zhong Ling
Orient Securities Company Limited(600958) underwriting and recommendation Co., Ltd. mm / DD / yyyy
