001210SZSE

Announcement on Signing the Tripartite Supervision Agreement for Raised Funds

Jinfang Energy Co., Ltd.·

✨ AI Summary

On September 8, 2025, Jin Fang Energy Group Co., Ltd. held an extraordinary shareholders' meeting, approving the adjustment of investment projects for raised funds. The remaining funds will be allocated to the construction of a comprehensive energy technology R&D and industrialization base. The company has signed a tripartite supervision agreement with Beijing Bank and CITIC Securities to manage the raised funds, ensuring compliance and protecting investor rights.

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Full Translation

AI Translation· azure_openai

Securities Code: 001210

Securities Abbreviation: Jin Fang Energy

Announcement Number: 2025-050

Jin Fang Energy Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On September 8, 2025, the Company held its first extraordinary shareholders' meeting of 2025, which approved the proposal on "Changing Part of the Investment Projects for Raised Funds." The meeting agreed to reduce the investment amount for the original fundraising project "R&D Center and Heating Operation Control Platform Construction Project," with the remaining funds allocated to the "Comprehensive Energy Technology R&D and Industrialization Base Construction Project" and authorized the opening of a special account for raised funds and signing of the tripartite supervision agreement.

For specific details, please refer to the Company's announcements disclosed on designated information disclosure media and the Giant Tide Information Network (http://www.cninfo.com.cn/new/index), including the announcement on changing part of the investment projects for raised funds (Announcement No. 2025-043) and the resolution announcement of the first extraordinary shareholders' meeting of 2025 (Announcement No. 2025-048).

Recently, the Company completed the signing of the tripartite supervision agreement, and the relevant situation is announced as follows:

1. Basic Situation of Raised Funds

According to the approval from the China Securities Regulatory Commission on the "Approval of Beijing Jin Fang Heating and Energy-Saving Technology Co., Ltd.'s Initial Public Offering of Stocks" (Zheng Jian Xu Ke [2021] No. 1982) and with the consent of the Shenzhen Stock Exchange, the Company publicly issued 22.69 million shares of RMB ordinary shares (A shares) at an issue price of 28.01 yuan per share, raising a total of 635.5469 million yuan. After deducting various issuance expenses, the actual net amount raised was 564.6011 million yuan. All raised funds have been received and confirmed by Tianjian Accounting Firm (Special General Partnership) in the "Capital Verification Report" (Tianjian Yan [2021] No. 1-43).

2. Signing of the Tripartite Supervision Agreement and Opening of the Special Account for Raised Funds

To standardize the management and use of the raised funds and protect the rights and interests of investors, the Company has established a special account for raised funds to manage the storage and use of the raised funds. Recently, the Company signed the "Tripartite Supervision Agreement" with Beijing Bank Co., Ltd. Zhongguancun Branch and the sponsor CITIC Securities Co., Ltd.

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