Announcement on the Termination of Raised Funds Investment Projects and Permanent Supplement of Surplus Raised Funds to Working Capital
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Shenzhen Das Intelligent Co., Ltd. (hereinafter referred to as "Das Intelligent" or the "Company") held the third meeting of the ninth Board of Directors on April 23, 2026, and reviewed and approved the "Proposal on Terminating Raised Funds Investment Projects and Permanently Supplementing Surplus Raised Funds to Working Capital."
Given that the raised fund investment projects of the Company's 2022 private placement of shares, namely the "Das AIoT Intelligent IoT Control Platform and Low-Carbon Energy Saving Application System Upgrade R&D and Industrialization Project," the "Das C3-IoT Identity Recognition and Control Platform and Smart Terminal Product R&D and Industrialization Project," and the "Integrated Monitoring System for Rail Transit Project" (collectively referred to as the "Projects to be Terminated"), have been completed and reached the intended state of use. To optimize fund allocation and improve the efficiency of raised fund utilization and reduce financial costs, the Company has decided to terminate these projects. The surplus raised funds from these projects, totaling 11,595.19 million RMB (including accumulated investment income and bank interest, with the final amount subject to the bank's interest balance on the day of fund transfer), will be permanently supplemented to working capital for the Company's daily operations. Corresponding dedicated raised fund accounts will be cancelled, and the related raised fund supervision agreements will also be terminated. The Company's Board of Directors has authorized the management and the finance department to handle the cancellation of the dedicated raised fund accounts.
In accordance with the "Supervision Regulations for Raised Funds of Listed Companies," the "Shenzhen Stock Exchange Stock Listing Rules," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," among other relevant regulations, this matter requires approval from the shareholders' meeting before implementation. The specific details are hereby announced as follows:
I. Basic情况 of Raised Funds
According to the "Approval on the Non-Public Offering of Shares by Shenzhen Das Intelligent Co., Ltd." (Zhengjian Permit (2022) No. 2838) issued by the China Securities Regulatory Commission, the Company issued 210,210,210 shares of RMB common stock (A shares) to 15 specific targets through a non-public offering. The total amount of raised funds was RMB 699,999,999.30. After deducting expenses related to the issuance, totaling RMB 9,073,916.41 (tax inclusive), the net amount of raised funds was RMB 690,926,082.89.
Zhongqin Wanxin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Zhongqin Wanxin") audited the capital verification of the Company's non-public offering of shares on February 23, 2023, and issued the "Capital Verification Report" (Qin Xin Yan Zi [2023] No. 0007).
As of March 31, 2026, the cumulative investment in raised funds was 58,693.98 million RMB, and the balance in the dedicated raised fund account was 11,595.19 million RMB (including cumulative interest income and investment income after deducting handling fees).