Securities Code: 002230 Securities Abbreviation: iFlytek Announcement No.: 2026-031 iFlytek Co., Ltd. Announcement on Using Raised Funds to Repay Prior Advances
The Company and all members of its Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of Raised Fund Investment and Repayment
Upon approval from the China Securities Regulatory Commission's "Approval on iFlytek Co., Ltd. Issuing Shares to Specific Objects" (Securities Regulatory Permit [2026]502), the Company issued 90,232,348 A shares of RMB ordinary shares to specific objects in April 2026, at an issuance price of RMB 44.33 per share. According to the "Capital Verification Report" (Rongcheng Verification [2026]230Z0049) issued by Rongcheng Certified Public Accountants (Special General Partnership) on April 17, 2026, as of April 16, 2026, the Company had issued 90,232,348 A shares to 14 specific investors, with a total raised capital of RMB 3,999,999,986.84, and a net raised capital of RMB 3,980,552,493.91. The Company has managed the raised funds in dedicated accounts as required and has signed a raised fund supervision agreement with the sponsor and the supervisory bank of the raised fund accounts. The raised funds from this issuance to specific objects will be invested in the following 3 projects:
| Serial No. | Use of Raised Funds | Total Investment | Investment Amount | Planned Use of Raised Funds | Amount Available After Deducting Issuance Expenses |
|---|---|---|---|---|---|
| 1 | Spark Education Large Model and Typical Products | 112,571.00 | 80,000.00 | 80,000.00 | |
| 2 | Computing Power Platform | 240,000.00 | 240,000.00 | 240,000.00 | |
| 3 | Supplement Working Capital | 80,000.00 | 80,000.00 | 78,055.25 | |
| Total | 432,571.00 | 400,000.00 | 398,055.25 |
(I) Self-Raised Funds Invested in Raised Fund Projects and Repayment