002404SZSE

2025 Annual Report on the Custody and Use of Raised Funds

Jiaxin Silk Co., Ltd.·

✨ AI Summary

This report details the custody and use of raised funds by Zhejiang Jiaxin Silk Co., Ltd. for 2025. The company has completed its investment projects and used surplus funds to permanently supplement working capital. All dedicated accounts for raised funds have been closed, with no remaining balance. The report confirms no significant changes to project implementation or feasibility.

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Securities Code: 002404 Securities Abbreviation: Jiaxin Silk Zhejiang Jiaxin Silk Co., Ltd. Announcement Number: 2026-011 2025 Annual Report on the Custody and Use of Raised Funds

According to the "Supervision Rules for the Management of Raised Funds by Listed Companies" (CSRC Announcement [2025]), the "Self-Regulatory Guidelines for Main Board Listed Companies" No. 1 issued by the Shenzhen Stock Exchange, and the "Announcement Format" No. 2 issued by the Shenzhen Stock Exchange, this report details the custody, management, and use of raised funds by the company in 2025.

I. Basic Situation of Raised Funds

(I) Actual Amount of Raised Funds and Capital Inflow

Approved by the CSRC's "Approval for Zhejiang Jiaxin Silk Co., Ltd. to Issue Shares to Specific Objects" (Zhengjian Permit [2017] No. 1638), the company issued 57,023,641 ordinary shares (A shares) to specific objects through non-public offering, with a par value of RMB 1 per share and an offering price of RMB 7.19 per share. The total amount of raised funds was RMB 409,999,978.79. After deducting expenses such as underwriting and issuance fees, and adding deductible input VAT, the net amount of raised funds was RMB 396,795,239.51. Of this amount, RMB 57,023,641.00 was included in the registered capital (share capital), and RMB 339,771,598.51 was included in the capital reserve - share premium. This was verified by the audit report No. XH-2018-ZA10126 issued by Lixin Certified Public Accountants (Special General Partnership). The amount remaining after deducting underwriting and issuance fees and other listing expenses, which was used for project investment, was RMB 396,002,955.15. The company opened a special account for raised funds and implemented segregated custody.

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