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Securities code: 688538 Securities abbreviation: Hehui Optoelectronics Announcement No.: 2025-009
Shanghai Hehui Optoelectronics Co., Ltd
Announcement on the Change of Sponsor Representative for Continuous Supervision
The board of directors and all directors of the company guarantee that there is no false record, misleading statement or material omission in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.
Shanghai Hehui Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") recently received the "Notice on Replacing the Sponsor Representative of Shanghai Hehui Optoelectronics Co., Ltd. for Initial Public Offering of Shares" issued by Orient Securities Co., Ltd. (hereinafter referred to as "Orient Securities"), the sponsor of the company. As the sponsor of the company's initial public offering and listing on the Shanghai Stock Exchange, Orient Securities originally designated sponsor representatives Li Peng and Zhu Jialei were specifically responsible for the sponsorship work during the company's continuous supervision, and the statutory continuous supervision period will end on December 31, 2024. In view of the fact that the company's raised funds have not been fully used, Orient Securities will extend the continuous supervision period and continue to fulfill its continuous supervision responsibilities in 2025.
Due to the change of Mr. Zhu Jialei's work, in order to ensure the orderly progress of the continuous supervision and sponsorship work, Orient Securities appointed Mr. Yu Li (see the attachment for details) to replace Mr. Zhu Jialei as the sponsor representative during the company's continuous supervision, responsible for the continuous supervision of the work, and perform the duties of continuous supervision.
After the change of sponsor representatives, the company's initial public offering of shares and listing on the Shanghai Stock Exchange will continue to supervise the sponsor representatives Li Peng and Yu Li, and the continuous supervision period will be until the use of the raised funds is exhausted.
The Board of Directors of the Company would like to express its heartfelt thanks to Mr. Zhu Jialei for his contributions during the Company's initial public offering and listing and continuous supervision.
The announcement is hereby made.
Board of Directors of Shanghai Hehui Optoelectronics Co., Ltd
February 26, 2025
Attachment: Biography of Mr. Yu Li
Mr. Yu Li, currently the managing director and sponsor representative of Orient Securities, holds a bachelor's degree in economics from Shanghai Jiao Tong University, and is one of the first batch of sponsor representatives, and joined Orient Investment Bank in 1998. In terms of IPO, he has presided over the initial offering of Yongxin shares, the initial offering of Zhezhong Construction, the initial offering of Huahong Jitong, the initial offering of Shanghai Yahong, the initial offering of Huide Technology, the initial offering of Shengde Xintai, the initial offering of Donglai Technology, the initial offering of Shimao Energy, the initial offering of Hairong Technology and other financing projects, in addition to participating in the IPO of a number of high-end equipment manufacturing related companies and other capital market operation projects at this stage, and has rich experience in restructuring and communication of Shanghai state-owned holding and shareholding enterprises. In terms of additional issuance, he has presided over the private placement of Changyuan New Materials, the additional issuance of Zhixin Electric, the private placement of Xinjiang Zhonghe, and the non-public offering of Oriental Venture; In addition, he has presided over or participated in the major asset restructuring project of Lao Fengxiang, the restructuring counseling of Shanghai Hydrogen Chen's acquisition of Qingdong Technology, Jiangsu Nantian, Chongqing Wanguang, Hongjing Technology, Jingge Aluminum, Xingxing Coking and other companies, Jindi Construction's share reform and major restructuring, Huangshan Yongxin, First Pencil, New Huangpu, Zhenhua Technology, New World Share Reform and other investment banking work, and has rich investment banking experience and strong investment banking ability.
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