Core Viewpoint - The legal opinion letter issued by Guangdong Huashang Law Firm confirms the compliance and qualifications of investors participating in the strategic placement of Shandong Xintong Electronics Co., Ltd.'s initial public offering (IPO) [1][2][3]. Group 1: Investor Selection and Qualification - The strategic placement investors include a special asset management plan for employees of Xintong Electronics, and two large enterprises, Electric Investment Green Strategic Investment Fund and Guangzhou Industrial Control Capital Management Co., Ltd., which have strategic cooperation relationships with the issuer [25][30]. - The selection criteria for strategic placement investors comply with the relevant regulations, ensuring that the investors have a long-term cooperative vision with the issuer [26][30]. Group 2: Strategic Placement Details - The total number of shares to be publicly issued by Xintong Electronics is 39 million, with an initial strategic placement of 7.8 million shares, accounting for 20% of the total issuance [30][31]. - The employee asset management plan is allowed to subscribe for up to 10% of the total issuance, which translates to a maximum of 3.9 million shares and an expected subscription amount not exceeding 62.5 million yuan [31]. - The lock-up period for the employee asset management plan is set at 12 months from the date of the IPO, while the other two investors have a lock-up period of 18 months [31]. Group 3: Compliance and Legal Assurance - The law firm confirms that all provided documents and statements from the issuer, underwriter, and participating investors are true, accurate, and complete, ensuring no misleading statements or omissions [2][3]. - The legal opinion letter serves as part of the IPO application materials for regulatory review by the China Securities Regulatory Commission and the stock exchange [3].
信通电子: 广东华商律师事务所关于参与战略配售投资者核查事项的法律意见书
Zheng Quan Zhi Xing·2025-06-18 13:23