Special Report on the Deposit and Use of Raised Funds in 2025
According to the "Supervision Measures for the Supervision of Raised Funds of Listed Companies" issued by the China Securities Regulatory Commission and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Norms for the Operation of Main Board Listed Companies" issued by the Shenzhen Stock Exchange, Huilv Ecological Technology Group Co., Ltd. (hereinafter referred to as the "Company" or "this Company") has prepared this special report on the deposit and use of raised funds as of December 31, 2025.
I. Basic情况 of Raised Funds
According to the "Approval of the China Securities Regulatory Commission on the Non-public Offering of Shares by Huilv Ecological Technology Group Co., Ltd." (Securities Regulatory Permit [2022] No. 1248), the Company has actually issued 75,446,428 common shares (A shares) through a non-public offering, with a par value of RMB 1.00 per share. The subscription price per share was RMB 4.48, and the total raised funds amounted to RMB 337,999,997.44. After deducting issuance expenses related to the offering (excluding tax) of RMB 5,682,557.13, the net amount of raised funds was RMB 332,317,440.31. Zhongshui Zhonghuan Certified Public Accountants (Special General Partnership) verified the capital inflow of the Company's non-public offering of shares on September 8, 2022, and issued the "Capital Verification Report" (Zhonghuan Verification Word [2022] No. 0110056).
As of December 31, 2025, the interest generated by the raised funds deposited in banks from the non-public offering of shares, after deducting bank handling fees, totaled RMB 613,137.77. As of December 31, 2025, the Company used RMB 9,315,145.31 of the raised funds during the period, and the cumulative use of raised funds was RMB 308,892,580.87. Funds transferred out of the accounts amounted to RMB 25,940,738.99, and the balance of unused raised funds was RMB 1,047,660.73 (including interest generated from raised fund bank deposits after deducting bank handling fees).