Stock Code: 001221 Stock Abbreviation: Higold Group Announcement No.: 2026-043
Higold Group Co., Ltd.
Special Report on the Deposit, Management, and Use of Raised Funds for the First Half of 2026
In accordance with the China Securities Regulatory Commission's "Regulatory Rules for the Use of Raised Funds by Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 — Standardized Operation of Main Board Listed Companies," and the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 — Announcement Formats," Higold Group Co., Ltd. (hereinafter referred to as the "Company") hereby issues this special report on the deposit, management, and use of raised funds for the first half of 2026.
I. Basic Information on Raised Funds
(1) Actual Amount of Raised Funds and Arrival Time
As approved by the China Securities Regulatory Commission under document "Zheng Jian Xu Ke [2025] No. 990," the Company conducted an initial public offering of 40,010,000.00 RMB-denominated ordinary shares (A-shares). The total amount of funds raised was 617,354,300.00 RMB. After deducting issuance expenses, the net amount of raised funds was 510,622,649.84 RMB. The funds were fully received on July 25, 2025, and verified by Huaxing Certified Public Accountants (Special General Partnership), which issued the "Capital Verification Report" (Huaxing Yan Zi [2025] No. 21005441085).
(2) Use and Balance of Raised Funds as of June 30, 2026
As of June 30, 2026, the use and balance of the funds raised from the initial public offering are as follows:
| Item | Amount (RMB) |
|---|---|
| Amount of raised funds received | 617,354,300.00 |
| Less: Issuance expenses (underwriting, audit, legal, disclosure fees) | 91,153,584.89 |
| Add: Net interest income after deducting fees (including wealth management income) | 653,216.19 |
| Less: Amount used for replacement of raised funds | 428,626,586.96 |
| Less: Amount used in previous years | 21,485,151.90 |
| Less: Amount used in the current year | 35,583,594.66 |
| Remaining balance of raised funds | 41,158,597.78 |
| Including: Balance in special accounts for raised funds | 41,158,597.78 |
Note: In this report, any discrepancies between the sum of individual items and the total are due to rounding.
II. Deposit and Management of Raised Funds
(1) Management of Raised Funds
In accordance with relevant laws and regulations, the Company has formulated the "Raised Funds Management System" to ensure the standardized, safe, efficient, and transparent use of funds. The Company and its wholly-owned subsidiary, Guangdong Higold Home Technology Co., Ltd. (hereinafter "Higold Home"), have opened special accounts for the deposit and management of raised funds.