Summary of Key Points Core Viewpoint - The report outlines the verification opinion of Guosen Securities regarding the listing and circulation of part of the previously issued shares of Zhengzhou Suda Industrial Machinery Service Co., Ltd. prior to its initial public offering (IPO) [1][19]. Group 1: Overview of Share Issuance - The company received approval from the China Securities Regulatory Commission for an initial public offering of 19,000,000 shares, increasing the total share capital from 57,000,000 to 76,000,000 shares [1]. - As of the date of the verification opinion, there have been no changes in the total number of shares due to events such as share issuance, buybacks, or stock dividends [2]. Group 2: Shareholder Commitments for Share Lock-up - A total of 22 shareholders applied for the release of share lock-up, committing not to transfer or manage their shares for 12 months post-IPO [2][3]. - Specific commitments were made by major shareholders, including Zhengzhou Coal Mining Machinery Group Co., Ltd. and others, to adhere to these restrictions and face legal consequences for violations [2][3]. Group 3: Lock-up Period and Transfer Restrictions - Shareholders who are directors or senior management have additional restrictions on transferring shares during their tenure and for six months after leaving their positions [4][6]. - The lock-up period may be extended if the company's stock price falls below the IPO price for a specified duration [4][6]. Group 4: Measures for Stabilizing Stock Price - The company has a plan to stabilize its stock price, which includes holding investor meetings and implementing buyback measures if certain conditions are met [8][9]. - The plan requires significant shareholder approval and outlines specific financial thresholds for buybacks [8][9]. Group 5: Avoidance of Business Competition - Zhengzhou Coal Mining Machinery Group Co., Ltd. has committed to avoiding direct competition with Suda in specific business areas, ensuring no substantial overlap in operations [12][13]. - The company has taken steps to eliminate any competitive relationships with its subsidiaries [12][13]. Group 6: Compliance and Verification - Guosen Securities has verified that the application for the release of lock-up shares complies with relevant regulations and that the information disclosed by the company is accurate and complete [19].
速达股份: 国信证券关于速达股份部分首次公开发行前已发行股份上市流通的核查意见