SHKK(SH:600272) Zheng Quan Zhi Xing·2025-07-10 16:09Core Viewpoint - The legal opinion letter from Beijing Zhonglun Law Firm confirms the compliance of Shanghai Kaikai Industrial Co., Ltd.'s issuance of A-shares to specific targets for the year 2024, ensuring that all necessary approvals and regulatory requirements have been met [1][10][15]. Group 1: Issuance Approval and Authorization - The internal approvals for the issuance include multiple resolutions regarding the conditions for issuing A-shares, feasibility analysis, and agreements with the controlling shareholder [7][8]. - The issuance has received approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission (CSRC), confirming compliance with relevant regulations [9][10]. Group 2: Issuance Process and Results - The issuance involves a total of 19,651,945 shares at an adjusted price of 8.09 yuan per share, raising a total of 158,984,235.05 yuan [12][13]. - The subscription agreement has been signed with the controlling shareholder, detailing the terms of the subscription, including price, quantity, and payment methods [12][14]. Group 3: Compliance of Subscription Objects - The subscription object, Shanghai Kaikai (Group) Co., Ltd., is the controlling shareholder and has been verified as a qualified institutional investor, meeting the suitability requirements [17][18]. - The funds for the subscription are confirmed to be from legitimate sources, with no involvement of prohibited financing methods [18][19].