CS SECURITIES SPONSORSHIP AND INVESTMENT BANKING CO., LTD.
REPORT ON THE SUPERVISION AND UTILIZATION OF RAISED FUNDS OF GUANGDONG YAO望 TECHNOLOGY GROUP CO., LTD. IN 2025
CS Securities Sponsorship and Investment Banking Co., Ltd. (hereinafter referred to as "CS Securities Sponsorship and Investment Banking" or "Sponsoring Institution"), as the sponsoring institution for the continuous supervision of Guangdong Yao望 Technology Group Co., Ltd. (hereinafter referred to as "Yao望 Technology", "the Company"), in accordance with the "Administrative Measures for Securities Issuance and Underwriting Sponsorship Business", "Supervision Rules for the Management of Raised Funds of Listed Companies", "Stock Listing Rules of Shenzhen Stock Exchange", "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Normative Operation of Main Board Listed Companies", "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 13 - Sponsorship Business" and other relevant regulations, has inspected the situation of the Company's raised funds storage and utilization in 2025. The details are as follows:
I. Basic Situation of Raised Funds
Upon approval by the China Securities Regulatory Commission (Document No. Zhengjian Faxi [2021] 1987) and with the consent of the Shenzhen Stock Exchange, the Company publicly issued 166.037692 million ordinary shares (A shares) on September 16, 2021, with a par value of RMB 1 per share and an issuance price of RMB 17.90 per share. As of September 24, 2021, the Company had raised a total of RMB 2,972,074,686.80. After deducting issuance expenses of RMB 51,253,887.03, the net amount of raised funds was RMB 2,920,820,799.77. As of September 24, 2021, the raised funds from the aforementioned issuance had all been received, and were confirmed by the capital verification report "Dahua Yan Zi [2021] No. 000666" issued by Dahua Certified Public Accountants (Special General Partnership).