Securities Code: 002313
Securities Abbreviation: Rihai Intelligent
Announcement No.: 2026-046
Rihai Intelligent Technology Co., Ltd.
Special Report on the Status of Raised Funds Storage, Management, and Use for the First Half of 2026
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
In accordance with the "Supervision Regulations for Raised Funds of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and the "Management Measures for Raised Funds of Rihai Intelligent Technology Co., Ltd.," among other regulations, the Board of Directors of Rihai Intelligent Technology Co., Ltd. (hereinafter referred to as the "Company" or "Rihai Intelligent") hereby presents the special report on the status of raised funds storage, management, and use for the first half of 2026 as follows:
I. Basic Situation of Raised Funds
As approved by the China Securities Regulatory Commission's "Approval for Non-public Offering of Shares by Rihai Intelligent Technology Co., Ltd." (Zhengjian Permit [2019] No. 2558) issued on December 25, 2019, the Company issued 62.4 million ordinary shares (A shares) through a non-public offering. The shares were listed on the Shenzhen Stock Exchange on June 29, 2020, with an offering price of RMB 18.60 per share. The total amount of funds raised from this non-public offering was RMB 1,160,640,000.00. After deducting issuance expenses of RMB 25,573,029.43 (excluding tax), the net amount of raised funds was RMB 1,135,066,970.57. These funds were received on June 3, 2020. The receipt of the Company's raised funds has been audited by Lixin Certified Public Accountants (Special General Partnership), which issued the "Rihai Intelligent Technology Co., Ltd. Capital Verification Report" (Xin Huai Shi Bao Zi [2020] ZK10097).
- Amount Used in Previous Years
The cumulative expenditure of raised funds in previous years was RMB 113,668.35 million. As of December 31, 2025, the actual amount of raised funds used by the Company was RMB 113,668.35 million, and the balance in the special account for raised funds was RMB 9.04.
- Amount Used and Current Balance for the Current Period
In the first half of 2026, the Company actually used RMB 0 million of raised funds.
The Company convened the 51st meeting of the Fifth Board of Directors and the 40th meeting of the Fifth Supervisory Board on April 28, 2023, and the 2023 Second Extraordinary General Meeting of Shareholders on May 15, 2023. The proposal "Proposal on Terminating the Raised Funds Investment Project and Permanently Supplementing Working Capital with Remaining Raised Funds" was deliberated and approved. It was agreed to terminate the "AIOT Operations Center Construction Project" and the "R&D Center and Information System Upgrade Project," and to permanently supplement working capital with the remaining raised funds of RMB 61,352.29 million from these projects for the Company's daily operations.
Due to the frozen status of the raised funds special account (ending in 0104) at the Shenzhen Branch of Evergrowing Bank Co., Ltd. since August 2023, RMB 60,237.57 in this account was compulsorily deducted by the court in October 2024. As of June 30, 2026, the Company had cumulatively used RMB 113,668.35 million of raised funds. The investment status and benefit status of each project are detailed in the attached tables. The balance in the special account for raised funds is RMB 9.04.
II. Status of Raised Funds Storage and Management
(I) Management System for Raised Funds