

Core Viewpoint - The report outlines the ongoing supervision of Haoneng Co., Ltd. by China Merchants Securities Co., Ltd. regarding the issuance of convertible bonds, emphasizing compliance with regulatory requirements and the establishment of effective governance and internal control systems [1][2][3]. Group 1: Supervision Overview - The company is issuing convertible bonds named "Hao 24 Convertible Bonds" on the Shanghai Stock Exchange, with the supervision period set from November 20, 2024, to December 31, 2025 [1]. - China Merchants Securities has established a comprehensive supervision system and developed a targeted work plan for ongoing supervision [2]. Group 2: Daily Supervision Activities - Continuous supervision is conducted through daily communication, regular visits, on-site inspections, and due diligence [3]. - The supervision includes monitoring compliance with laws, regulations, and the company's commitments [6][7]. Group 3: Information Disclosure and Compliance - The company has been found to comply with information disclosure regulations, ensuring timely, accurate, and complete announcements without false statements or omissions [16]. - During the supervision period, no matters requiring reporting to the China Securities Regulatory Commission or the Shanghai Stock Exchange were identified [16]. Group 4: On-site Inspection - An on-site inspection was conducted from February 11 to February 14, 2025, reviewing the company's operational status, project implementation, and financial transactions with related parties [16].