002230SZSE

Announcement on Increasing Implementation Entities and Locations for Partial Fundraising Projects

Iflytek Co., Ltd.··5 pages

✨ AI Summary

iFlytek Co., Ltd. is adding wholly-owned subsidiaries as co-implementers for two fundraising projects to improve fund utilization and project implementation. This change does not alter the project scope or fundraising plan and is within the board's approval authority. The company will transfer funds internally.

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Securities Code: 002230 Securities Abbreviation: iFlytek Announcement Number: 2026-033 iFlytek Co., Ltd. Announcement on Increasing Implementation Entities and Locations for Partial Fundraising Projects

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

iFlytek Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the Seventh Board of Directors on June 18, 2026, which reviewed and approved the "Proposal on Increasing Implementation Entities and Locations for Partial Fundraising Projects and Opening Special Accounts for Raised Funds." It was agreed that certain fundraising projects of the Company would add relevant wholly-owned subsidiaries as co-implementers and also add implementation locations. This matter does not constitute a related-party transaction. The Company will transfer the required raised funds for the implementation of the fundraising projects through internal transfers. The other aspects of the fundraising projects will not change, and the normal progress of the fundraising investment plan will not be affected. There is no disguised change in the use of raised funds. This matter is within the approval authority of the Company's Board of Directors and does not require submission to the shareholders' meeting for deliberation.

I. Basic Situation of Raised Funds

As approved by the China Securities Regulatory Commission's "Approval on iFlytek Co., Ltd.'s Private Placement of Shares" (Certificate of Approval [2026] No. 502), the Company issued 90,232,348 A shares to specific investors in April 2026 at an issue price of RMB 44.33 per share. According to the "Capital Verification Report" (Rongcheng Verification [2026] Z0049) 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 amount of raised capital of RMB 3,980,552,493.91. The Company has managed the raised funds through special deposit accounts in accordance with regulations and has signed a supervision agreement for the raised funds with the sponsor and the custodian bank for the special accounts.

II. Situation of Raised Funds Investment Projects

The raised funds from the private placement of shares will be invested in the following 3 projects:

No.Use of Raised FundsTotal Investment AmountPlanned Investment AmountActual Usable Raised Funds
1Spark Education Large Model and Typical Products112,571.0080,000.0080,000.00
2Computing Power Platform240,000.00240,000.00240,000.00
3Supplementary Working Capital80,000.0080,000.0078,055.25
Total432,571.00400,000.00398,055.25

Unit: Ten Thousand Yuan

III. Situation of Increasing Implementation Entities and Locations for Fundraising Projects

To further improve the efficiency of raised fund utilization and ensure the steady progress of fundraising projects, based on actual operating conditions and development plans, the Company is adding its wholly-owned subsidiaries Anhui Smart Wisdom Technology Co., Ltd. (hereinafter referred to as "Smart Wisdom"), iFlytek Central China (Wuhan) Co., Ltd. (hereinafter referred to as "iFlytek Wuhan"), iFlytek (Beijing) Co., Ltd. (hereinafter referred to as "iFlytek Beijing"), and iFlytek Zhigu Technology Co., Ltd. (hereinafter referred to as "iFlytek Zhigu") as co-implementers for the fundraising project "Spark Education Large Model and Typical Products," and is also adding implementation locations. Additionally, its wholly-owned subsidiary Hefei CiYuan Xinghuo Technology Co., Ltd. (hereinafter referred to as "CiYuan Xinghuo") is being added as a co-implementer for the fundraising project "Computing Power Platform." The specific details are as follows:

Project NameContentBefore IncreaseAfter Increase
Spark Education Large Model and Typical ProductsImplementation EntityiFlytekiFlytek, Smart Wisdom, iFlytek Wuhan, iFlytek Beijing, iFlytek Zhigu
Implementation LocationHefeiHefei, Wuhan, Beijing, Chengdu
Computing Power PlatformImplementation EntityiFlytekiFlytek, CiYuan Xinghuo

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