


Summary of Key Points Core Viewpoint - The independent financial advisor, CITIC Securities, has issued a verification opinion regarding Jiangxi Jiufeng Energy Co., Ltd.'s issuance of convertible bonds "Jiufeng Ding 01" and the partial lifting of lock-up restrictions for trading these bonds. Group 1: Convertible Bond Issuance Overview - Jiangxi Jiufeng Energy has received approval for the issuance of convertible bonds to acquire 100% equity of the target company, Sichuan Yuanfeng Sentai Energy Group Co., Ltd., with a total issuance amount of RMB 1,079,997,300, represented by 10,799,973 bonds at a face value of RMB 100 each [1][2]. - The convertible bonds have a statutory lock-up period, with a total of 10,799,973 bonds issued, amounting to RMB 1,079,997,300 [2]. Group 2: Lock-up Period and Transfer Conditions - The lock-up period for the convertible bonds varies based on the duration of the shareholders' equity holding in the target company, with a maximum of 36 months for certain holders [3][4]. - Specific conditions for unlocking the bonds include performance commitments and the issuance of audit reports by qualified accounting firms [4][5]. Group 3: Compliance and Verification - The independent financial advisor confirms that the partial lifting of lock-up restrictions and the transfer of the convertible bonds comply with relevant laws and regulations, including the Company Law and Securities Law [6][7]. - All bondholders have adhered to their commitments regarding the lock-up periods, ensuring no issues affecting the transfer of the convertible bonds [6].