002335SZSE

Special Report on the Status of Raised Funds Storage, Management, and Use for 2025

KEHUA DATA CO.,LTD.·

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This report details the storage, management, and use of raised funds by Kehua Data Co., Ltd. as of December 31, 2025. The company raised RMB 149,206.80 million through convertible bond issuance, with net proceeds of RMB 148,066.32 million after deducting issuance costs. The report outlines the utilization of these funds across various investment projects and provides an overview of fund balances and management practices.

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Securities Code: 002335 Securities Abbreviation: Kehua Data Announcement No.: 2026-016

Kehua Data Co., Ltd.

Special Report on the Status of Raised Funds Storage, Management, and Use for 2025

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the disclosed information and assume joint and several liability for any false representations, misleading statements, or material omissions therein.

In accordance with the "Supervision Regulations for Raised Funds of Listed Companies" issued by the China Securities Regulatory Commission, the "Guiding Rules for Self-Regulation of Listed Companies on the Main Board" of the Shenzhen Stock Exchange, and the "Announcement Format" of the Shenzhen Stock Exchange, the Board of Directors of Kehua Data Co., Ltd. (hereinafter referred to as the "Company") has compiled this special report on the storage, management, and use of raised funds as of December 31, 2025.

I. Basic情况 of Raised Funds

(I) Amount of Raised Funds and Timing of Receipt

According to the "Approval of the Registration of Kehua Data Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Objects" (Zhengjian Xuke [2023] No. 1681) issued by the China Securities Regulatory Commission, the Company issued 14,920,680 convertible corporate bonds on August 2023, with a face value of RMB 100 per bond. The total amount of capital to be raised was RMB 149,206.80 million. After deducting issuance expenses of RMB 1,140.48 million in accordance with relevant regulations, the actual amount of raised funds was RMB 148,066.32 million. These raised funds were received in August 2023 and have been verified by the "Capital Verification Report" (Rongcheng Yanzizi [2023] No. 361Z0043) issued by Rongcheng Certified Public Accountants on August 30, 2023. The Company has implemented segregated account management for the raised funds.

(II) Use and Balance of Raised Funds

As of December 31, 2025, the use and balance of the Company's raised funds are as follows:

ProjectAmount (Unit: RMB million)
Total Raised Funds149,206.80
Less: Issuance Expenses1,140.48
Amount in Special Account for Raised Funds148,066.32
ProjectAmount
Less: Cumulative Investment in Raised Fund Projects (Note)61,426.13
Of which: Investment in Raised Fund Projects during this Reporting Period9,613.22
Add: Cumulative Interest Income and Investment Income (Less Fees)1,096.30
Balance of Raised Funds as of December 31, 202587,736.49
Of which: Temporary Use for Working Capital Not Yet Repaid53,007.74
Purchase of Wealth Management Products32,884.75
Balance in Special Account for Raised Funds as of December 31, 20251,844.00

Note: The cumulative investment in raised fund projects includes RMB 3,702.17 million of self-raised funds used to replace pre-invested funds in raised fund projects, as approved by the Company's 7th Board of Directors meeting and 6th Supervisory Board meeting of the 9th session.

II. Storage and Management of Raised Funds

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