002074SZSE

Announcement on the Cancellation of Certain Special Accounts for Raised Funds

Gotion High-tech Co., Ltd.··4 pages

✨ AI Summary

The company has decided to cancel several special accounts for raised funds following the completion of specific projects. A total of RMB 131,866,230.00 in surplus funds will be permanently transferred to the company's general account for daily operations. The cancellation of these accounts has been duly notified to the relevant parties, and associated supervisory agreements have been terminated.

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Full Translation

AI Translation· azure_openai

Securities Code: 002074
Securities Abbreviation: Guoxuan High-Tech
Announcement Number: 2026-048

Guoxuan High-Tech Co., Ltd. announces the cancellation of certain special accounts for raised funds. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

1. Basic Situation of Raised Funds

According to the approval from the China Securities Regulatory Commission regarding the non-public issuance of shares by Guoxuan High-Tech Co., Ltd. (Approval No. [2021] 1421), the company issued 384,163,346 new shares at a price of RMB 19.01 per share to a specific entity, Volkswagen (China) Investment Co., Ltd. As of November 5, 2021, the total amount raised from this non-public issuance of A-shares was RMB 7,302,945,207.46, with total issuance costs of RMB 72,090,121.84 (excluding tax), resulting in a net amount raised of RMB 7,230,855,085.62. The raised funds have been verified by KPMG Huazhen LLP, which issued a verification report (KPMG Huazhen Verification No. 2101182). The company has managed the raised funds through special accounts.

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