Special Report on the Status of Raised Funds Storage and Use for the First Half of 2026

Securities Code: 001270

Securities Abbreviation: Chengchang Technology

Announcement No.: 2026-053

Zhejiang Chengchang Technology Co., Ltd.

Special Report on the Status of Raised Funds Storage and Use for the First Half of 2026

The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

In accordance with the "Supervision Regulations for Raised Funds of Listed Companies" issued by the China Securities Regulatory Commission and the "Code of Conduct for Main Board Listed Companies" issued by the Shenzhen Stock Exchange, Zhejiang Chengchang Technology Co., Ltd. (hereinafter referred to as the "Company") hereby presents this special report on the status of raised funds storage and use for the first half of 2026:

I. Basic情况 of Raised Funds

Approved by the China Securities Regulatory Commission's "Approval on the Initial Public Offering of Shares by Zhejiang Chengchang Technology Co., Ltd." (Zhengjian Permit (2022) No. 946), the Company made its initial public offering of 27,953,500 ordinary shares of RMB on June 6, 2022. The shares were listed on the Shenzhen Stock Exchange with the "Notice on the Listing of Ordinary Shares of Zhejiang Chengchang Technology Co., Ltd." (Shenzhen Stock Exchange (2022) No. 541). The total number of shares issued in this public offering was 27.9535 million shares, with a par value of RMB 1 per share. The issue price was RMB 21.68 per share. The total amount of raised funds was RMB 606,031,880. After deducting issuance expenses, the net amount of raised funds was RMB 509,105,900. The raised funds were all received on May 30, 2022. Dahua Certified Public Accountants (Special General Partnership) issued the "Capital Verification Report" (Dahua Verification Word [2022] No. 000315) to confirm the receipt of the funds.

As of June 30, 2026, the Company has cumulatively used RMB 473,418,862.31 of the raised funds, of which RMB 443,612,756.67 was used in previous years and RMB 29,806,105.64 was used in the current year. As of June 30, 2026, the balance of the special account for raised funds was RMB 49,262,293.66.

II. Storage and Management of Raised Funds

(I) Management of Raised Funds

To standardize the storage, use, and management of the Company's raised funds, improve the efficiency and effectiveness of their use, and protect the legitimate rights and interests of investors, in accordance with the "Regulatory Requirements for the Management and Use of Raised Funds of Listed Companies" issued by the Shenzhen Stock Exchange, the Company has formulated the "Management System for the Use of Raised Funds" and opened special accounts for raised funds (hereinafter referred to as "special accounts") to manage the storage and use of raised funds. In June 2022, the Company signed "Tripartite Supervision Agreements for Raised Funds" with the Shenzhen Branch of Guangfa Bank Co., Ltd., the Hangzhou Branch of China Minsheng Bank Co., Ltd., and the sponsor Guosen Securities Co., Ltd. The main terms of the agreements do not differ significantly from the template for tripartite supervision agreements of the Shenzhen Stock Exchange. The tripartite supervision agreements were performed normally during the reporting period.

(II) Storage of Raised Funds in Special Accounts

As of June 30, 2026, the storage of raised funds in the special accounts is as follows: