Gelonghui July 9th 丨Polarica (301037.SZ) announced that on July 7, 2023, the company received the “Audit Inquiry Letter on Shanghai Baolijia Chemical Co., Ltd.'s Application to Issue Convertible Corporate Bonds to Unspecified Targets” (Audit Letter [2023] No. 020113) from the Shenzhen Stock Exchange (“Shenzhen Stock Exchange”). The Shenzhen Stock Exchange Listing and Issuance Review Center reviewed the company's application documents for issuing convertible corporate bonds to an unspecified target, and raised review questions.

In accordance with the requirements of the audit inquiry letter, the company will work with relevant intermediaries to implement the audit inquiry questions item by item and submit responses to the audit inquiry letter in a timely manner. The content of the response will be disclosed through an interim announcement, and relevant documents will be submitted through the listing review business system issued by the Shenzhen Stock Exchange.