Zheng Quan Zhi Xing·2025-06-23 14:40Summary of the Inquiry Transfer Report Core Viewpoint The report outlines the process and results of the inquiry transfer of shares from specific shareholders of Guangdong Liyang Chip Testing Co., Ltd. to institutional investors, ensuring compliance with relevant regulations and fairness in the transfer process. Group 1: Overview of the Inquiry Transfer - The inquiry transfer involves shareholders Huang Xing, Hainan Yangzhi Enterprise Management Partnership, Hainan Yanghong Enterprise Management Partnership, Huang Zhu, and Xie Chunlan reducing their holdings in Guangdong Liyang Chip Testing Co., Ltd. [1] - As of June 20, 2025, the total number of shares held by the selling shareholders and their proportion of the total share capital is detailed [1]. - The maximum number of shares proposed for inquiry transfer is 6,582,643 shares, representing 3.25% of the total share capital [2]. Group 2: Transfer Method and Pricing - The transfer method follows the guidelines set forth in the "Inquiry Transfer and Allocation Guidelines" for companies listed on the Science and Technology Innovation Board [2]. - The minimum price for the inquiry transfer is determined based on the average trading price of the company's shares over the 20 trading days prior to June 17, 2025 [2][3]. - The pricing determination process prioritizes subscription price, subscription quantity, and the time of receipt of the subscription forms [3]. Group 3: Transfer Process and Results - A total of 134 institutional investors received the subscription invitation, including various types of investment firms [5]. - The final transfer price was set at 15.59 yuan per share, with a total transaction amount of 102,623,404.37 yuan [8]. - Eleven institutional investors were confirmed as the final recipients of the shares, with the total number of shares allocated being 6,582,643 [8]. Group 4: Compliance and Verification - The inquiry transfer process was verified to be legal and compliant with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [9][14]. - Both the selling and buying parties were confirmed to meet the necessary qualifications for participation in the inquiry transfer [12][14]. - The report concludes that the entire inquiry transfer process adhered to principles of fairness and compliance with market regulations [14].