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14. Proposal on Approving the Audit Report, Pro Forma Review Report, and Valuation Report Related to This Transaction
2022 Document No. 14 of the Second Extraordinary General Meeting of the Year
Proposal on Approving the Audit Report, Pro Forma Review Report, and Valuation Report Related to This Transaction
Dear Shareholders:
For the purposes of this transaction, the Company engaged Shinewing Zhonghe Certified Public Accountants (Special General Partnership) to issue the Audit Report on Panasonic Compressor (Dalian) Co., Ltd. (No. XYZH/2022DLAA20219) and the Audit Report on Panasonic Refrigeration Systems (Dalian) Co., Ltd. (No. XYZH/2022DLAA20220), as well as the Preparatory Review Report on Bingshan Cold & Heat Technology Co., Ltd. (No. XYZH/2022DLAA20221). In addition, the Company retained Liaoning Zhonghua Asset Appraisal Co., Ltd. to prepare the Asset Valuation Report on the Total Equity Value of the Shareholders of Panasonic Compressor (Dalian) Co., Ltd. in Connection with Bingshan Cold & Heat Technology Co., Ltd.’s Proposed Equity Acquisition (Zhonghua Pingbao Zi [2022] No. 092) and the Asset Valuation Report on the Total Equity Value of the Shareholders of Panasonic Refrigeration Systems (Dalian) Co., Ltd. in Connection with Bingshan Cold & Heat Technology Co., Ltd.’s Proposed Equity Acquisition (Zhonghua Pingbao Zi [2022] No. 093).
The Company’s Board of Directors has approved the use of the aforementioned documents for disclosure in connection with this transaction and as part of the filing materials submitted to the regulatory authorities.
Please review the above report.
2022 November 1st, Year