Core Viewpoint - Minsheng Securities serves as the sponsor for Anhui Tuoshan Heavy Industry Co., Ltd.'s initial public offering (IPO) and has completed its continuous supervision period as of December 31, 2024 [1][10]. Group 1: Sponsorship and Supervision - The sponsor and its representatives commit to the authenticity, accuracy, and completeness of the report and accept legal responsibility [1]. - During the due diligence phase, the sponsor coordinated with various intermediaries, conducted thorough investigations, and complied with regulatory requirements [1][2]. - The continuous supervision phase involves ensuring the issuer's compliance with laws and regulations, monitoring internal controls, and overseeing the use of raised funds [2][3][4]. Group 2: Fund Management and Project Delays - The company has experienced delays in several fundraising projects, extending the expected completion dates for the intelligent production line and R&D center projects multiple times, with the latest extensions pushing deadlines to June 30, 2026 [4][5]. - The sponsor conducted careful reviews of these delays and found no objections to the issuer's handling of the situation [5]. Group 3: Compliance and Information Disclosure - The issuer has been compliant in providing necessary documents and information to the sponsor, ensuring timely communication and support for the sponsor's supervisory duties [8]. - The sponsor has reviewed the issuer's information disclosure practices and found them to be in accordance with relevant laws, ensuring the accuracy and completeness of disclosures [9]. Group 4: Ongoing Responsibilities - As of December 31, 2024, the company has not fully utilized the raised funds, and the sponsor will continue to oversee the management and use of the remaining funds until fully utilized [10].
民生证券股份有限公司关于安徽拓山重工股份有限公司首次公开发行股票并上市之保荐总结报告书