Zheng Quan Zhi Xing·2025-07-08 11:14Core Viewpoint - The financial advisor, China Merchants Securities Co., Ltd., confirms that the detailed equity change report for Guangdong Yidun Electronics Technology Co., Ltd. complies with relevant laws and regulations, and no false statements or significant omissions were found in the disclosures [1][7][12]. Group 1: Financial Advisor's Verification - The financial advisor conducted a thorough review of the detailed equity change report and found it to be true, accurate, and complete, adhering to the requirements of the Securities Law and other relevant regulations [7][12][26]. - The financial advisor asserts that the information provided by the disclosing party is accurate and complete, and they bear legal responsibility for its authenticity [2][10][26]. - The financial advisor has confirmed that the disclosing party has not engaged in any illegal or non-compliant activities in the past five years [11][14][26]. Group 2: Disclosing Party's Background - Sichuan Jiuzhou Investment Holding Group Co., Ltd. is the disclosing party, with a registered capital of 361,470.3712 million RMB and established on October 29, 2020 [8][10]. - The major shareholders include the Mianyang State-owned Assets Supervision and Administration Commission (holding 74.69%), the National Development Manufacturing Transformation and Upgrade Fund (17.01%), and the Sichuan Provincial Finance Department (8.30%) [8][10]. - The disclosing party operates primarily in the electronic information industry, focusing on intelligent equipment and systems, and has received multiple awards for its contributions [11][12]. Group 3: Financial Performance - The disclosing party's financial data for the last three years shows total assets of 521.68 billion RMB in 2024, up from 442.10 billion RMB in 2023 and 423.02 billion RMB in 2022 [12]. - Net profit for 2024 is reported at 6.27 billion RMB, compared to 5.87 billion RMB in 2023 and 5.82 billion RMB in 2022, indicating a steady growth trend [12]. - The return on equity for 2024 is 4.26%, slightly down from 4.46% in 2023, while the debt-to-asset ratio is 69.06%, showing a stable financial structure [12]. Group 4: Equity Change Purpose and Procedures - The purpose of the equity change is to enhance shareholder value and investor confidence, aligning with regulatory principles [16][21]. - The disclosing party has no plans to increase or dispose of its shares in the next 12 months, ensuring compliance with disclosure obligations [16][18]. - Necessary authorization and approval procedures for the equity change have been fulfilled by the disclosing party [16][18]. Group 5: Impact on Independence and Related Transactions - Post-equity change, the disclosing party will maintain independence in operations, assets, and finances, ensuring no adverse impact on the listed company's independence [21][22]. - The disclosing party has committed to minimizing related transactions and ensuring fair market practices in any necessary future transactions [22][23]. - There are no significant competitive overlaps between the disclosing party and the listed company, with commitments made to avoid any substantial competition [23][24].