002385SZSE

Announcement on the Cancellation of Some Raised Capital Accounts

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Beijing Da Bei Nong Technology Group Co., Ltd. announces the completion of closing certain accounts used for raised capital. The company has completed the cancellation of two specific raised capital accounts, which were used for the "Information System Upgrade Project Phase I" and "Information System Upgrade Project Phase II". This action aims to improve efficiency and reduce management costs.

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Securities Code: 002385 Securities Abbreviation: Da Bei Nong Announcement No.: 2026-044

Beijing Da Bei Nong Technology Group Co., Ltd. Announcement on the Cancellation of Some Raised Capital Accounts

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there is no false record, misleading statement, or significant omission.

Beijing Da Bei Nong Technology Group Co., Ltd. (hereinafter referred to as the "Company") has recently completed the cancellation of some raised capital accounts, and hereby announces the relevant situation as follows:

I. Basic Situation of Raised Capital

According to the "Approval on the Registration of the Private Offering of Shares by Beijing Da Bei Nong Technology Group Co., Ltd." (Securities Regulatory Commission Permit (2023) No. 1710) issued by the China Securities Regulatory Commission, the Company issued 211,480,362 shares of RMB common stock (par value RMB 1 per share) to specific objects at an issue price of RMB 3.31 per share. The total raised capital was RMB 699,999,998.22. After deducting the total issuance expenses (including VAT) of RMB 7,394,480.36, the net raised capital was RMB 692,605,517.86.

The above raised capital has been fully transferred to the designated accounts and was audited by Xinyonghe Certified Public Accountants (Special General Partnership), which issued an audit report XYZH/2024CDAA4B0344 on July 26, 2024.

The Company has deposited all of the above raised capital in special accounts opened with the approval of the Company's Board of Directors for management. The Company has signed a supervision agreement for the raised capital with Zhongde Securities Co., Ltd. (hereinafter referred to as the "Sponsor") and the commercial banks where the raised capital is deposited, implementing special account storage for the raised capital to ensure the safe use of the funds.

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