001356SZSE

Special Report on the Status of Raised Funds Storage, Management, and Use in 2025

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This report details the status of raised funds for Fuling Technology Co., Ltd. in 2025. It covers the total raised capital, net proceeds after expenses, and the current balance of funds. The report also outlines the management of these funds, including storage in bank accounts and the execution of tripartite custody agreements.

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Securities Code: 001356 Securities Abbreviation: Fuling Shares Announcement Number: 2026-013 Fuling Technology Co., Ltd. Special Report on the Status of Raised Funds Storage, Management, and Use in 2025 The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. In accordance with the "Supervision Regulations for Raised Funds of Listed Companies," "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant regulations, the status of Fuling Technology Co., Ltd.'s (hereinafter referred to as the "Company" or "Fuling Shares") raised funds storage, management, and use in 2025 is reported as follows: I. Basic Situation of Raised Funds Upon the approval of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") in its "Approval on the Registration of Fuling Technology Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Xu Ke (2024) No. 1625), Fuling Shares was approved to issue 147.33 million ordinary shares (A shares) to the public, with a par value of RMB 1 per share and an issuance price of RMB 5.30 per share. The total amount of capital raised from this issuance was RMB 780.849 million. After deducting non-tax issuance expenses of RMB 102.8482 million, the net amount of capital raised was RMB 678.0008 million. The aforementioned raised funds were transferred to the Company's designated account on January 20, 2025. Ernst & Young Hua Ming Certified Public Accountants (Special General Partnership) audited the arrival of the Company's raised funds and issued the "Capital Verification Report" (Ernst & Young Hua Ming (2025) Yan Zi No. 70046014_B01). II. Raised Funds Storage and Management (I) Raised Funds Management To standardize the management and use of raised funds, in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Supervision Regulations for Raised Funds of Listed Companies," and the "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws and regulations, the Company has formulated the "Raised Funds Management System," which clearly stipulates the storage, approval, use, management, and supervision of raised funds. As of December 31, 2025, the amount of raised funds used by the Company and the current balance are as follows:

ProjectAmount (RMB)
Net raised funds678,000,786.55
Add: Interest income from deposits minus bank handling fees585,769.92
Deduct: Wealth management products purchased with temporarily idle raised funds131,000,000.00
Add: Repayment of wealth management products80,000,000.00
Add: Interest income from wealth management products591,429.80
Deduct: Amount of self-raised funds replaced by raised funds340,278,737.63
Deduct: Directly invested in fundraising projects283,902,785.76
Of which: Directly invested in fundraising projects during the reporting period283,902,785.76
Balance of raised funds special accounts as of December 31, 20253,996,462.88

(II) Tripartite Custody Agreements for Raised Funds Regarding the raised funds from the initial public offering of shares, on January 22, 2025, the Company, together with the sponsor institution, signed "Tripartite Custody Agreements for Raised Funds" with seven raised funds depository institutions: Industrial and Commercial Bank of China Limited Wenling Branch, Bank of China Limited Wenling Branch, China Merchants Bank Co., Ltd. Taizhou Wenling Branch, Agricultural Bank of China Co., Ltd. Taizhou Branch, Ningbo Bank Co., Ltd. Taizhou Wenling Branch, Industrial Bank Co., Ltd. Taizhou Wenling Branch, and Zheshang Bank Co., Ltd. Taizhou Wenling Branch. The aforementioned tripartite custody agreements for raised funds do not have significant differences from the tripartite custody agreement template of the Shenzhen Stock Exchange. The Company has strictly adhered to the agreements during the use of raised funds to ensure the standardized management, use, and supervision of raised funds, and to ensure that funds are used for their intended purpose. As of December 31, 2025, the raised funds special accounts opened by the Company in Industrial and Commercial Bank of China Limited Wenling Branch, Bank of China Limited Wenling Branch, Agricultural Bank of China Co., Ltd. Taizhou Branch, and Ningbo Bank Co., Ltd. Taizhou Wenling Branch have been fully utilized according to standard requirements. The Company has completed the cancellation procedures for these raised funds special accounts. Given the cancellation of these raised funds special accounts, the "Tripartite Custody Agreements for Raised Funds" signed by the Company, the sponsor institution, and the banks that opened the raised funds special accounts have been terminated. (III) Raised Funds Special Account Storage Status

No.Name of Raised Funds Depository BankBank AccountYear-end Balance (RMB)Account Status
1China Merchants Bank Co., Ltd. Taizhou Wenling Branch5769001256100222,872,577.87Normal
2Zheshang Bank Co., Ltd. Taizhou Wenling Branch34500201101201001214121,115,442.28Normal
3Industrial Bank Co., Ltd. Taizhou Wenling Branch3565801001003002228,442.73Normal
4Bank of China Limited Wenling Branch3740856310870.00Closed
5Industrial and Commercial Bank of China Limited Wenling Branch12070451292000911550.00Closed
6Ningbo Bank Co., Ltd. Taizhou Wenling Branch860411100007032040.00Closed
7Agricultural Bank of China Co., Ltd. Taizhou Branch199000010400577790.00Closed
Total3,996,462.88-
III. Actual Use of Raised Funds During the Reporting Period
(I) Use of Raised Funds for Investment Projects
The use of raised funds for investment projects in 2025 is detailed in the attached table "2025 Raised Funds Use Comparison Table."
(II) Changes in the Location and Implementation Method of Raised Funds Investment Projects
During the reporting period, there were no changes in the location or implementation method of the Company's raised funds investment projects.
(III) Prior Investment and Replacement of Raised Funds Investment Projects

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