000338SZSE

CICC's Review Opinion on Weichai Power Co., Ltd.'s 2025 Annual Fund Storage and Usage

Weichai Power Co., Ltd.··9 pages

✨ AI Summary

CICC reviewed Weichai Power's 2025 fund storage and usage. The company initially raised CNY 12.99 billion in 2021. As of December 31, 2025, CNY 886,710.43 of the raised funds had been used, with a remaining balance of CNY 72,440.55. CICC concluded that the fund management and usage complied with regulations and intended purposes.

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Full Translation

AI Translation· azure_openai

I. Basic Information on Fundraising

(1) Actual Amount Raised and Timing of Fund Receipt

According to the China Securities Regulatory Commission's approval (Document No. [2021] 1107), the company issued no more than 793,387,389 shares. The issue price was CNY 16.40 per share, raising a total of CNY 12,999,990,986.40. After deducting related expenses, the net amount raised was CNY 11,942,705.93 (excluding tax). The total amount received by the company was CNY 12,988,057,280.40. The funds were received by May 11, 2021, as verified by the auditor (Document No. [2021] 00218).

(2) Fund Usage and Management Status

As of December 31, 2025, the actual amount raised and used was CNY 886,710.43, with specific allocations as follows:

ItemAmount
Fund for specific projects886,710.43
Management fees85,345.25
Total425,000.00
Remaining balance72,440.55

II. Fund Storage and Management Status

(1) Fund Management Situation

To regulate the management and use of the raised funds and protect investors' interests, the company follows the "Company Law of the People's Republic of China" and the "Shenzhen Stock Exchange Fundraising Management Rules." The company has established a dedicated management system for the funds raised, ensuring compliance with relevant regulations.

(2) Fund Storage Situation

As of December 31, 2025, the specific storage situation of the raised funds is as follows:

BankAccount NumberAccount TypeBalance
China Merchants Bank Co., Ltd.160701238000003060Fund Account24,796.19
招商银行股份有限公司潍坊分行139011000000001391872Fund Account1,832.42
中国银行股份有限公司潍坊分行100000000000000000000Fund Account4,912.39
中国建设银行股份有限公司潍坊分行210014000500288Fund Account28,899.55
Total72,440.55

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