
Group 1 - The independent financial advisor, Huatai United Securities, has been commissioned by Wingtech Technology Co., Ltd. to facilitate a cash transaction involving the transfer of 100% equity of several subsidiaries and business assets to Luxshare Precision Industry Co., Ltd. and Luxshare Communications (Shanghai) Co., Ltd. [1] - The transaction is in compliance with the regulations set forth by the China Securities Regulatory Commission regarding the hiring of third parties in investment banking activities [1][2] - The independent financial advisor confirms that there are no direct or indirect paid engagements with third parties in this transaction [2] Group 2 - The listed company has engaged intermediary institutions for legal and auditing services as required by law for the restructuring process, which is deemed legal and compliant [2] - Apart from the legally required engagements, the listed company has not engaged any other third-party institutions or individuals for paid services in this transaction [2] - The independent financial advisor concludes that both the advisor and the listed company have adhered to the relevant regulations regarding third-party hiring in this transaction [2]