Securities Code: 002389 Securities Abbreviation: AVIC Rainbow Announcement Number: 2026-016 AVIC Rainbow UAV Co., Ltd. Special Report on the Status of Raised Funds Storage, Management, and Use for 2025 The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or major omissions. In accordance with the "Supervision Rules for Raised Funds of Listed Companies" and the "Code of Conduct for Listed Companies on the Shenzhen Stock Exchange, Rule No. 1 - Standardized Operation of Main Board Listed Companies," this report outlines the status of AVIC Rainbow UAV Co., Ltd.'s (hereinafter referred to as the "Company") raised funds storage, management, and use for 2025: I. Basic Situation of Raised Funds (I) Actual Amount of Raised Funds and Time of Fund Arrival Approved by the China Securities Regulatory Commission (Document No. [2021] 2806) and with the consent of the Shenzhen Stock Exchange, the Company issued 42,240,259 ordinary shares (A shares) through a private placement to 5 specific investors at an issue price of RMB 21.56 per share. The total raised funds amounted to RMB 910,699,997.40. After deducting underwriting and sponsorship fees of RMB 6,603,773.58, the raised funds were RMB 904,096,223.82, which were remitted to the Company's raised funds supervision account by the lead underwriter, China Securities Co., Ltd., on October 29, 2021. Further deducting incremental external expenses directly related to the issuance of equity securities, such as legal fees, accounting fees, and statutory information disclosure, totaling RMB 804,000.23, the net amount of raised funds for this issuance is RMB 903,292,223.59. The net amount of raised funds has been verified by the "Capital Verification Report" (Document No. [2021] 110C000745) issued by ZhiTong Certified Public Accountants (Special General Partnership).
(II) Amount Used in Previous Years, Amount Used in the Current Year, and Current Balance
- Amount Used in Previous Years As of December 31, 2024, the Company's net raised funds were RMB 90,329.22 million, with a cumulative investment of RMB 72,223.75 million and an unused amount of RMB 18,105.47 million. The detailed breakdown of cumulative investment is as follows: (1) Supplementing working capital with raised funds: RMB 26,579.22 million. (2) Raised funds used for reimbursement: RMB 2,918.34 million, covering 4 projects, including the CH-4 enhanced UAV R&D project (RMB 2,392.43 million), the tilt-rotor UAV system R&D project (RMB 230.45 million), the stealth UAV system R&D project (RMB 209.46 million), and the low-cost airborne weapon R&D project (RMB 86.00 million). (3) Raised funds directly invested: RMB 42,726.19 million, covering 5 projects, including the CH-4 enhanced UAV R&D project (RMB 9,709.12 million), the tilt-rotor UAV system R&D project (RMB 4,142.86 million), the stealth UAV system R&D project (RMB 22,831.93 million), the low-cost airborne weapon R&D project (RMB 5,755.09 million), and the annual production of XX units of low-cost airborne weapon industrialization project (RMB 287.19 million).
- Amount Used in the Current Year and Current Balance In 2025, the Company directly invested RMB 12,785.85 million of raised funds into investment projects, covering 5 projects, including the CH-4 enhanced UAV R&D project (RMB 43 million), the tilt-rotor UAV system R&D project (RMB 159.94 million), the stealth UAV system R&D project (RMB 10,039.13 million), the low-cost airborne weapon R&D project (RMB 0.35 million), and the annual production of XX units of low-cost airborne weapon industrialization project (RMB 2,543.43 million). In summary, as of December 31, 2025, the cumulative investment of raised funds is RMB 85,009.60 million, with an unused amount of RMB 5,319.62 million. II. Storage and Management of Raised Funds