Xinjiang Beixin Road & Bridge Group Co., Ltd. 2025 Annual Report on the Storage, Management, and Use of Raised Funds
In accordance with the "Supervision Measures for the Raising and Use of Funds by Listed Companies" issued by the China Securities Regulatory Commission and the "Code of Corporate Governance for Main Board Companies" issued by the Shenzhen Stock Exchange, Xinjiang Beixin Road & Bridge Group Co., Ltd. (hereinafter referred to as the "Company") has prepared the "Special Report on the Storage, Management, and Use of Raised Funds in 2025" as of December 31, 2025. The specific content of the report is as follows:
I. Basic Situation of Raised Funds
(I) Actual Amount of Raised Funds and Time of Arrival
According to the "Approval on the Registration of Private Offering of Shares by Xinjiang Beixin Road & Bridge Group Co., Ltd." (Securities Regulatory License (2025) No. 1925) issued by the China Securities Regulatory Commission, the Company issued 380,487,474 shares of RMB ordinary shares (A shares) at an issue price of RMB 4.07 per share. The total amount of raised funds was RMB 1,548,584,019.18. After deducting issuance expenses, the net amount of raised funds was RMB 1,532,236,775.42. These raised funds were all received on December 4, 2025. Sigma Certified Public Accountants (Special General Partnership) issued the "Capital Verification Report of Xinjiang Beixin Road & Bridge Group Co., Ltd." (Xi'an Verification (2025) No. 0036) on December 9, 2025.
(II) Use of Raised Funds