Inquiry and Analysis on A-share Fundraising and Hong Kong Listing of Mi'ao Exhibition

Based on the search I conducted, specific detailed information about Mi’ao Exhibition’s exhaustion of A-share fundraising and switch to Hong Kong listing, as well as 344 million yuan in dividends over three years but still facing liquidity shortages, cannot be obtained for the time being.

Regarding your inquiry about Mi’ao Exhibition (stock code: 300795):

I attempted to search for relevant information about the company through multiple channels, including:

• Internet search engine queries
• Financial news retrieval
• Company announcement and financial data searches

However, I failed to obtain specific information consistent with your description, including:

• The specific situation of the company’s exhaustion of A-share fundraising
• Plans or progress of switching to Hong Kong listing
• Specific data on 344 million yuan in dividends over three years
• Detailed analysis of the company’s liquidity crisis

If you need to understand the detailed situation of the company, it is recommended to obtain accurate information through the following channels:

1. Official Announcement Channels
   :
   • Check company announcements on the official website of the Shanghai Stock Exchange (sse.com.cn)
   • Query company announcements on the official website of the Shenzhen Stock Exchange (szse.cn)
   • Investor Relations section on the company’s official website

2. Professional Financial Data Platforms
   :
   • Eastmoney.com
   • 10jqka.com.cn (Tonghuashun)
   • Wind Information
   • Bloomberg

3. Research Reports
   :
   • Securities company research reports
   • Investment bank analysis reports

Regarding the company’s liquidity issues you mentioned, it is recommended to:

• Be cautious about unconfirmed market rumors
• Verify the company’s financial status through formal channels
• Pay attention to exchange inquiry letters and regulatory attention letters
• Evaluate investment risks and make rational decisions

If you can provide more specific information (such as specific time periods, specific financial indicators, etc.), I can further assist with the analysis.