国泰海通证券股份有限公司 关于 内蒙古蒙电华能热电股份有限公司 发行股份及支付现金购买资产 并募集配套资金暨关联交易 之 独立财务顾问报告 独立财务顾问 二〇二五年七月 独立财务顾问声明和承诺 二、独立财务顾问声明 国泰海通证券股份有限公司（以下简称"国泰海通"、"独立财务顾问"） 接受内蒙古蒙电华能热电股份有限公司（以下简称"内蒙华电"、"上市公司" 或"公司"）委托，担任本次发行股份及支付现金购买资产并募集配套资金暨关 联交易（以下简称"本次交易"）的独立财务顾问，就该事项向上市公司全体股 东提供独立意见，并制作本独立财务顾问报告。 对所提供文件及资料的真实性、准确性和完整性负责，并保证该等信息不存在虚 假记载、误导性陈述或者重大遗漏。本财务顾问不承担由此引起的任何风险责任； 次交易相关协议和声明或承诺的基础上出具； 本独立财务顾问核查意见是依据《中华人民共和国公司法》《中华人民共和 国证券法》《上市公司重大资产重组管理办法》《上市公司并购重组财务顾问业 务管理办法》《公开发行证券的公司信息披露内容与格式准则第 26 号——上市 公司重大资产重组》《上市公司监管指引第 9 号——上市公司筹划和实施重大资 ...

Core Viewpoint - The report outlines the independent financial advisory opinion regarding Guangzhou Hexin Instrument Co., Ltd.'s issuance of shares and cash payment for asset acquisition, along with the associated fundraising and related transactions. Group 1: Transaction Overview - The company plans to acquire 56.00% equity of Shanghai Liangxi Technology Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds [13][14]. - The total amount of supporting funds to be raised is capped at 246.40 million yuan, which is equivalent to 100% of the transaction price for the asset acquisition [14][15]. - The cash consideration for the transaction is set at 137.20 million yuan, representing 55.68% of the total transaction value [17]. Group 2: Financial Impact - The transaction is expected to enhance the company's financial position, with projected total assets increasing from 87.71 million yuan to approximately 130.40 million yuan post-transaction [18]. - The company's net profit is anticipated to improve significantly, with the pro forma financial statements indicating a potential increase in net profit from -28.61 million yuan to 1.05 million yuan after the transaction [18]. Group 3: Regulatory Compliance - The transaction has undergone necessary decision-making and approval processes, including resolutions from the board of directors and supervisory board [18]. - The transaction is classified as a major asset restructuring under the relevant regulations, but it does not constitute a change in control of the company [18]. Group 4: Strategic Benefits - The acquisition is expected to broaden the company's high-end scientific instrument portfolio and enhance product quality through technological synergies with the target company [18][19]. - The target company specializes in ultra-low temperature and weak signal measurement equipment, which aligns with the company's focus on high-end analytical instruments [18].

Core Viewpoint - The company, Suzhou Jinfeng Technology Co., Ltd., has decided to extend the implementation period for its fundraising investment project, specifically the high-performance graphene heat dissipation film production base project, from November 2025 to May 2027 due to market demand and construction progress considerations [3][4][6]. Fundraising Basic Situation - The company has received approval from the China Securities Regulatory Commission to issue 205 million shares at a price of 3.60 RMB per share, raising a total of 738 million RMB, with a net amount of approximately 724.76 million RMB after deducting issuance costs [3][4]. Fundraising Investment Project Details - The raised funds are allocated for the construction of the high-performance graphene heat dissipation film production base and to supplement working capital, with the project being implemented by the company's subsidiary in Jiangsu Province [3][4]. Extension of Implementation Period - The company plans to extend the project completion date to May 2027 to ensure shareholder interests and improve the efficiency of fund usage, as the market demand for the graphene heat dissipation film has not met expectations due to various global economic challenges [4][5][6]. Current Fund Status - As of June 30, 2025, the company has 339.69 million RMB remaining in raised funds, with 109.69 million RMB in dedicated accounts and 230 million RMB temporarily used to supplement working capital [5][6]. Measures for Project Completion - The company will adhere to relevant regulations and enhance internal and external supervision of fund usage, ensuring that the project progresses in an orderly manner while optimizing resource allocation [6][7]. Impact on the Company - The extension of the project timeline does not alter the investment direction or project content, aligning with the company's strategic development and ensuring the scientific implementation of the project [7][8]. Decision-Making Process - The board of directors and the supervisory board have approved the extension of the project implementation period, and the decision complies with regulatory requirements, ensuring no harm to the interests of the company and minority shareholders [8][9].

为了更好地满足广大投资者的理财需求，根据融通基金管理有限公司（以下简称"融通基金"）与国泰海 通证券股份有限公司（以下简称"国泰海通证券"）签署的销售协议，从2025年8月4日起，融通基金旗下 融通产业趋势臻选股票型证券投资基金新增国泰海通证券为销售机构，并开通定期定额投资业务、转换 业务。现将有关事项公告如下： 一、适用基金及业务范围 ■ 二、其他提示 1.投资者仅能申请办理相同收费模式下基金代码的转换，即"前端收费转前端收费、后端收费转后端收 费"，不能将前端收费模式基金代码的份额转换为后端收费模式基金代码的份额，或将后端收费模式基 金代码的份额转换为前端收费模式基金代码的份额。同一基金的不同基金份额类别之间不得互相转换。 相关业务规则如有变动，请以融通基金最新发布的公告为准。 2.投资者通过上述销售机构办理定期定额投资业务，相关的定期定额投资业务具体程序和业务规则详见 上述销售机构的相关规定。 3.投资者欲了解基金的详细情况，请仔细阅读基金《基金合同》和《招募说明书》等法律文件。 三、咨询方式 1.国泰海通证券股份有限公司 网址：www.gtht.com 客户服务电话：4008888666 2.融通基金 ...

Group 1 - The company has signed a distribution agreement with Guotai Junan Securities, allowing investors to subscribe, redeem, and convert funds starting from August 5, 2025 [1][2]. - The applicable funds for this agreement are subject to the status of being open for subscription, and investors must adhere to the relevant announcements and regulations from the company and sales institutions [1]. - The fee discount activity will commence on August 5, 2025, with no discount limit on subscription fees for the listed funds under the front-end charging model [2][3]. Group 2 - The fee discount is only applicable to the subscription fees of open funds under the front-end charging model and does not include redemption fees or other service charges [3]. - The interpretation rights of the fee discount activity belong to Guotai Junan, and any changes to the specific regulations will be communicated to investors [3]. - Investors are encouraged to read the fund's legal documents, including the fund contract and prospectus, for detailed information about the funds [3]. Group 3 - Contact channels for inquiries include Guotai Junan's customer service phone number and website, as well as the company's customer service phone number and website [4].

V. 確認 不適用 FF301 呈交者： 聶小剛 職銜： 董事及聯席公司秘書 (董事、秘書或其他獲正式授權的人員) 第 10 頁 共 11 頁 v 1.1.1 FF301 在購回股份（股份被持作庫存股份）的情況下，「事件發生日期」應理解爲「發行人購回並以庫存方式持有股份的日期」。 份數目。 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 國泰海通證券股份有限公司(「本公司」) 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 證券代號 (如上市) 02611 說明 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 3,505,759,848 RMB 1 RMB 3,505,759,848 增加 / 減少 (-) 0 RMB 0 本月底結存 3,505,759,848 RMB 1 RMB 3,505,759,848 證券代號 (如上市) 601211 說明 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 14,123,948,848 RMB 1 RMB 14,123,94 ...

Core Viewpoint - The company intends to temporarily use part of its idle raised funds, not exceeding RMB 150 million, to supplement its working capital while ensuring the normal progress of its fundraising projects [4][6]. Fundraising Basic Situation - The company successfully issued 21,780,000 shares at a price of RMB 35.76 per share, raising a total of RMB 778.85 million, with a net amount of RMB 693.52 million after deducting underwriting fees [1]. Fundraising Management - The company has established a special account for managing the raised funds and signed a tripartite supervision agreement with the sponsor and the bank where the funds are deposited [2]. Investment Project Situation - The company has adjusted its fundraising investment plan, with a total planned investment of RMB 862.37 million, of which RMB 693.52 million is allocated to various projects, including the construction of an endoscope production base and a research and experimental center [3]. Plan for Using Idle Funds - The company plans to use idle funds to meet working capital needs, improve fund utilization efficiency, and enhance profitability, ensuring that the funds will only be used for business expansion and daily operations related to its main business [4][5]. Approval Process - The company held board and supervisory meetings to approve the use of idle funds, confirming that the process complies with relevant laws and regulations, and does not affect the normal progress of fundraising projects [6]. Special Opinions - The supervisory board agrees that the use of idle funds will not change the intended use of the raised funds and will not harm the interests of the company and its shareholders [6]. Sponsor's Verification Opinion - The sponsor has verified that the approval process for using idle funds has been properly followed and that the funds will be used in accordance with regulations, ensuring no impact on the fundraising investment plan [6].

Core Viewpoint - North Special Technology (北特科技) is actively engaging in various business segments, including chassis components, air conditioning compressors, and screw rod products, with a focus on innovation and market expansion in the automotive industry [1][5]. Business Segments - **Chassis Components**: The chassis components business is the foundation of the company, with a diverse product structure primarily consisting of automotive safety parts. The company has developed a highly specialized and systematic production process over 20 years, maintaining stable supply chain relationships with leading Tier 1 manufacturers [2]. - **Air Conditioning Compressors**: The company is expanding its traditional commercial vehicle compressor business by exploring opportunities in the new energy vehicle market. It is actively developing new energy air conditioning compressors and integrated thermal management systems, benefiting from growth in electric compressors and related projects [3]. - **Screw Rod Products**: The company has leveraged its 20 years of expertise in metal precision processing to develop various screw rod products, including planetary roller screw rods and ball screw rods. These products are primarily used in automotive steering systems and emerging markets like humanoid robots [4]. Recent Developments - **Screw Rod Production Line**: The company has invested in a production line in Shanghai for screw rod products, equipped with comprehensive machinery to independently complete all production processes. Additionally, it has signed an investment agreement to establish a research and production base for planetary roller screw rods in Kunshan, indicating confidence in the market potential for these products [4]. - **Recent Financial Performance**: In the first quarter of 2025, the company reported a main revenue of 542 million yuan, a year-on-year increase of 10.73%. The net profit attributable to shareholders was 23.06 million yuan, up 40.31% year-on-year, with a gross margin of 18.17% [6]. Financing Activities - **Quick Refinance Progress**: The company is progressing with a quick refinancing plan initiated on June 27, 2025, having obtained necessary approvals for overseas investment, indicating a strategic move to support its business expansion [5]. Market Outlook - **Profit Forecasts**: Various institutions have provided profit forecasts for the company, with projected net profits for 2025 ranging from 100 million to 1.22 billion yuan, reflecting positive expectations for the company's growth trajectory [7]. Investment Trends - **Recent Investment Flows**: In the past three months, the stock has seen a net inflow of 111 million yuan in financing, indicating increased investor interest and confidence in the company's future performance [6].

国泰海通证券股份有限公司 关于无锡市德科立光电子技术股份有限公司 首次公开发行部分限售股上市流通的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为无 锡市德科立光电子技术股份有限公司（以下简称"德科立"、 "公司"或"发行人"） 首次公开发行股票并在科创板上市及 2023 年度向特定对象发行股票的保荐人， 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》《上海证券交易所科创板股票上市规则》等有关 法律法规和规范性文件的要求，就德科立首次公开发行部分限售股上市流通的事 项进行了审慎核查，并发表如下核查意见： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会 2022 年 6 月 13 日出具的《关于同意无锡市德 科立光电子技术股份有限公司首次公开发行股票注册的批复》 会第十一次会议审议通过了《关于公司 2024 年度利润分配预案的议案》，以方案 实施前的公司总股本 120,892,825 股为基数，向全体股东每 10 股派发现金红利 公司召开 2024 年年度股东会，审议通过上述议案并于 2025 年 5 月 29 日完成 ...

Summary of Key Points Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management to enhance fund efficiency and generate returns without affecting its main business operations or the intended use of the raised funds [1][5][8]. Group 1: Fundraising Overview - The company raised a total of RMB 67,399.25 million by issuing 34,563,717 shares at RMB 19.50 per share, with a net amount of RMB 60,128.41 million after deducting issuance costs of RMB 7,270.84 million [1]. - The total amount of oversubscribed funds is RMB 16,628.41 million, which has been confirmed by PwC [1]. Group 2: Investment Project Status - The funds raised will be allocated to various projects, with the automotive electronic precision component production line expansion project having a total investment of RMB 44,401.18 million and a cumulative investment of RMB 43,500.00 million as of the end of 2024 [2][3]. Group 3: Cash Management Plan - The company intends to use up to RMB 20,000 million of idle raised funds for cash management within a 12-month period, allowing for rolling use within this limit [3][4]. - The cash management investments will focus on high-security, liquid products with a maximum investment period of 12 months, and will not be used for pledging or non-raised fund purposes [4][5]. Group 4: Approval and Oversight - The board of directors and the supervisory board have approved the cash management plan, confirming that it will not impact the company's normal operations or the progress of investment projects [6][7]. - The company will adhere to relevant regulations for information disclosure and ensure that the cash management does not harm the interests of shareholders, particularly minority shareholders [7][8].