001233SZSE

2025 Special Report on Fundraising Fund Storage, Management, and Usage

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Hai'an Rubber Group Co., Ltd. reported on the storage, management, and use of raised funds for 2025, having raised RMB 2,231,680,000 through an IPO. After costs, the net amount was RMB 2,107,528,900, with RMB 12,197.05 million invested in projects. The company established a management system for raised funds and signed a tripartite supervision agreement with banks. As of December 31, 2025, the balance of raised funds was RMB 199,502,060, including interest income.

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Securities Code: 001233 Securities Abbreviation: Hai'an Group Announcement No.: 2026-016
Hai'an Rubber Group Co., Ltd.
Special Report on the Storage, Management, and Use of Raised Funds for the Year 2025
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

According to the China Securities Regulatory Commission " Rules on the Supervision of Raised Funds by Listed Companies Shenzhen Stock Exchange "Guidelines for Self-Regulation of Listed Companies No. 1 - Standard Operations for Main Board Listed Companies" 1 and "Guidelines for Self-Regulation of Listed Companies No. 2 - Announcement Format" 2 stipulations, the report on the storage, management, and use of raised funds for the year 2025 by Hai'an Rubber Group Co., Ltd. (hereinafter referred to as "the Company") is as follows:

I. Basic Information on Raised Funds

(1) Actual Amount of Raised Funds and Timing of Fund Arrival
Approved by the China Securities Regulatory Commission with document [2025]2152 "Approval on the Registration of the Initial Public Offering of Stocks by Hai'an Rubber Group Co., Ltd.", the Company publicly issued 46,493,334 ordinary shares (A shares) at a price of RMB 48.00 per share in November 2025, with a total amount of raised funds of RMB 2,231,680,000. After deducting the non-taxable issuance costs of RMB 124,151,100 according to relevant regulations, the actual net amount of raised funds is RMB 2,107,528,900. The raised funds were received on November 20, 2025. The arrival of the above funds has been verified by Rongcheng Accounting Firm (Special General Partnership), which issued the "Capital Verification Report" (Rongcheng Verification No. [2025]361Z0060). The Company has adopted special account storage management for the raised funds.

(2) Use and Balance of Raised Funds
In the year 2025, the Company's use of raised funds is as follows:
Amount Unit: RMB 10,000

Serial No.ItemAmount
1Net amount of raised funds210,752.89
2Less: Own funds used to replace pre-invested projects12,197.05
3Less: Directly invested in raised fund projects this year
4Cumulative use of raised funds (4=2+3)12,197.05
5Balance of raised funds (5=1-4)198,555.84
6Plus: Net interest income from special account after deducting fees55.78
7Balance of raised funds (including interest income and deducting fees) (7=5+6)198,611.62
8Plus: Unpaid issuance costs890.44
9Balance of special account for raised funds (9=7+8)199,502.06

II. Storage and Management of Raised Funds

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