Zheng Quan Zhi Xing·2025-08-06 16:21Core Viewpoint - The article discusses the qualification verification opinion by CITIC Securities regarding the transfer of shares by shareholders of Loongson Technology Co., Ltd. to specific institutional investors before the company's initial public offering [1] Group 1: Transfer Delegation - CITIC Securities has been entrusted by the shareholders of Loongson Technology to organize and implement the inquiry transfer of shares [1] Group 2: Qualification Verification Process - CITIC Securities conducted a qualification verification of the transferring shareholders, which included interviews and document collection [2] - The transferring shareholders provided a commitment letter regarding their qualifications for the share transfer [2] Group 3: Verification Results for Shareholders - Beijing Tiantongxin Zheng Technology Development Center (Limited Partnership) was established on August 5, 2016, and is a legally existing partnership [2] - This entity has not violated any regulations regarding share reduction and is compliant with the relevant guidelines [3][4] - The shares intended for transfer are pre-IPO shares and are not subject to any pledges or judicial freezes [4] Group 4: Additional Shareholder Verification - Beijing Tiantongxin Guo Technology Development Center (Limited Partnership) was established on September 9, 2019, and is also a legally existing partnership [5] - This entity has similarly adhered to share reduction regulations and is compliant with the relevant guidelines [5][6] - The shares intended for transfer are pre-IPO shares and are not subject to any pledges or judicial freezes [6] Group 5: Further Shareholder Verification - Beijing Tiantongxin Yuan Investment Management Center (Limited Partnership) was established on May 24, 2016, and is a legally existing partnership [6] - This entity has not violated any regulations regarding share reduction and is compliant with the relevant guidelines [7] - The shares intended for transfer are pre-IPO shares and are not subject to any pledges or judicial freezes [7] Group 6: Compliance with Transfer Guidelines - The transferring shareholders must comply with the guidelines regarding the reduction of shares by controlling shareholders and their concerted actors [8] - The recent financial performance of Loongson Technology indicates that the cumulative cash dividends exceed 30% of the average annual net profit attributable to shareholders [8] - The stock price conditions for the inquiry transfer have been met, ensuring compliance with the relevant guidelines [9] Group 7: Final Verification Opinion - CITIC Securities concludes that the transferring shareholders meet the qualifications required by the relevant laws and regulations for the inquiry transfer [10]