Securities Code: 001239 Securities Abbreviation: Yongda Co., Ltd. Announcement No.: 2026-029
Xiangtan Yongda Machinery Manufacturing Co., Ltd.
Report on the Use of Previously Raised Funds
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
According to the China Securities Regulatory Commission's "Guidelines for the Application of Regulatory Rules —— Issuance Category No. 7 Xiangtan Yongda Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company" or "this Company") as of December 31, 2025 the report on the use of previously raised funds is as follows:
I. Amount of Previously Raised Funds, Time of Fund Arrival, and Storage Situation in Special Accounts
(1) Amount of Previously Raised Funds and Time of Fund Arrival
According to the approval from the China Securities Regulatory Commission on "Agreeing to the Initial Public Offering Registration of Xiangtan Yongda Machinery Manufacturing Co., Ltd." (Zheng Jian Xu Ke [2023] No. 1854), the Company publicly issued 60,000,000 shares of ordinary shares (A shares) at a price of RMB 12.05 per share on the Shenzhen Stock Exchange in December 2023, raising a total of RMB 723,000,000.00. After deducting the issuance expenses of RMB 86,805,438.47 (excluding the deductible input VAT of RMB 5,198,649.94), the net amount raised was RMB 636,194,561.53.
The funds were received on December 6, 2023, and the arrival of these funds has been verified by Tianzhi International Accounting Firm (Special General Partnership), which issued the verification report Tian Zhi Ye Zi [2023] No. 51912 on December 6, 2023.
(2) Storage Situation of Previously Raised Funds in Special Accounts
As of December 31, 2025, the storage situation of the Company's previously raised funds is as follows (unit: RMB):
| Bank | Bank Account Number | Deposit Method | Balance |
|---|---|---|---|
| Hunan Bank Co., Ltd. Xiangtan Jiuhua Branch | 88060211000000500 | Demand Deposit | 25,472.63 |
| Guangfa Bank Co., Ltd. Xiangtan Branch | 9550880023861600340 | Demand Deposit | 28,787,886.25 |
| Huaxia Bank Co., Ltd. Xiangtan Branch | 13460000000050615 | Demand Deposit | 34,451.90 |
| Industrial Bank Co., Ltd. Xiangtan Yuhu Branch | 368230100100054396 | Demand Deposit | 979,059.95 |
| China Merchants Bank Co., Ltd. Xiangtan Branch | 732902029910009 | Demand Deposit | 10,223,710.04 |
| China Construction Bank Co., Ltd. Xiangtan Yuhu Branch | 43050163600800000941 | Demand Deposit | 37,530.38 |
| Agricultural Bank of China Co., Ltd. Xiangtan Jiuhua Branch | 18192201040012256 | Demand Deposit | 4,778.41 |
| Zheshang Bank Co., Ltd. Changsha Branch | 5510000010120100314855 | Demand Deposit | 17,519.47 |
| CITIC Bank Co., Ltd. Jiuhua Branch | 8111601011400742029 | Demand Deposit | 5,772.15 |
| Total | 40,116,181.18 |