IC test equipment provider Jinhaitong completed listing guidance

On May 31, Haitong Securities released a summary report on its coaching work for Tianjin Jinhaitong Semiconductor Equipment Co., Ltd. (referred to as "Jinhaitong").

Haitong Securities believes that with the active cooperation of Jinhaitong, the company has successfully completed rectification and standardized operations and has achieved the expected goals of the coaching plan.

It was disclosed that Jinhaitong, as a legally established and validly existing joint-stock company, intends to apply for an initial public offering and listing. Haitong Securities and Jinhaitong signed a "Guidance Agreement", and Haitong Securities was hired as the guidance institution for Jinhaitong's initial public offering and listing guidance. In December 2020, Haitong Securities submitted Jinhaitong's guidance filing application documents to the Tianjin Regulatory Bureau and was accepted.

During this coaching period, Jinhaitong Securities, based on the company's future development strategy and after careful consideration, changed the proposed listing board from the Science and Technology Innovation Board to the Main Board. Therefore, Haitong Securities applied to the Bureau to change the proposed listing board of Jinhaitong Securities in this coaching to the Main Board.

Jinhaitong is a high-tech enterprise engaged in the research and development, production and sales of semiconductor chip testing process equipment. It belongs to the integrated circuit and high-end equipment manufacturing industry. Its main products are translational test sorting machines. The products are mainly used in the packaging and testing links in the chip production process. It is the last process before the chip is applied to terminal products (such as mobile phones and automobiles). The company's products are mainly sold to mainland China, Taiwan, Europe, the United States, Southeast Asia and other markets with developed global semiconductor industries.

As of the signing date of this summary report, Cui Xuefeng holds 8.5111 million shares of the company, accounting for 18.91% of the total shares of the company. Long Bo directly holds 5.3441 million shares of the company, accounting for 11.88% of the total shares of the company. At the same time, he indirectly holds 0.01% of the company's shares through Tianjin Boxin. In addition, Tianjin Boxin is the company's employee shareholding platform, holding 359,500 shares of the company, accounting for 0.80% of the total shares of the company. Long Bo serves as the executive partner of Tianjin Boxin and is its actual controller. The two control 31.59% of Jinhaitong's shares in total and have signed the "Agreement on Concerted Action" to jointly serve as the company's controlling shareholder and actual controller. During the reporting period, the company's controlling shareholder and actual controller did not change.