Huatai United Securities Co., Ltd
Verification opinions on the subject matter of this transaction not belonging to the industry of “double high policy”
Sichuan Development Lomon Co.Ltd(002312) (hereinafter referred to as “listed company” and “company”) intends to issue shares to Sichuan Development Mining Group Co., Ltd. (hereinafter referred to as “Sichuan development mining”) Sichuan Salt Industry Corporation (hereinafter referred to as “Sichuan salt industry”) purchased 100% equity of Sichuan development Tianrui Mining Co., Ltd. (hereinafter referred to as “Tianrui mining” or “target company”) jointly held by it (hereinafter referred to as “this transaction”).
Huatai United Securities Co., Ltd., as the independent financial consultant of the listed company for this transaction, in accordance with the relevant provisions of the administrative measures for major asset restructuring of listed companies and the guiding opinions on strengthening the source prevention and control of ecological environment of high energy consumption and high emission construction projects, checked and expressed opinions on whether the subject matter of this transaction does not belong to the industry of “double high policy”:
1、 Provisions on the double high policy
On May 30, 2021, the Ministry of ecological environment issued the guiding opinions on strengthening the source prevention and control of ecological environment of high energy consumption and high emission construction projects. According to its provisions, the “two high” projects are temporarily counted according to six industry categories such as coal power, petrochemical, chemical industry, iron and steel, non-ferrous metal smelting and building materials. If there are clear regulations on the scope of “two high” in the follow-up, those regulations shall be followed.
2、 Verification opinions on the subject matter of this transaction not belonging to the industry of “double high policy”
After verification, the main products of Tianrui mining, the subject of this transaction, are the mining, washing and sales of phosphorus raw ore and phosphorus concentrate, which do not belong to the above-mentioned high energy consumption and high emission industries.
In conclusion, Tianrui mining, the subject of the transaction, does not belong to the industry of “double high policy”.
(no text below)
(there is no text on this page, which is the signature page of Huatai United Securities Co., Ltd. on the verification opinions on the subject matter of this transaction that does not belong to the industry of “double high policy”)
Financial advisor sponsor:
Zhu Hongwei, Feng zhexiao
Huatai United Securities Co., Ltd. January 14, 2022
