Securities Code: 002911 Securities Abbreviation: Foshan Energy Announcement No.: 2026-017 Foshan Energy Group Co., Ltd. Special Report on the Status of Raised Funds Storage and Use for 2025
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
In accordance with the "Supervision Regulations for Raised Funds of Listed Companies" (CSRC Announcement [2025] No. 10), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Norms for Main Board Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Announcement Format" and other relevant regulations, the Company hereby provides a special explanation on the status of raised funds storage and use for 2025:
I. Basic Situation of Raised Funds
(I) Amount of Funds Actually Raised and Time of Arrival
Approved by the China Securities Regulatory Commission's "Approval for Foshan Gas Group Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Xuke [2017] No. 1921), Foshan Gas Group Co., Ltd. (renamed Foshan Energy Group Co., Ltd. in March 2020, hereinafter referred to as "the Company" or "Company") issued 56 million shares of RMB ordinary shares (par value RMB 1.00 per share) at an issuance price of RMB 13.94 per share. The total amount of funds raised by the Company in this issuance was RMB 780,640,000.00. After deducting the underwriting and sponsorship fees of RMB 48,725,192.45 that were not paid at the time, the amount actually deposited into the raised funds account was RMB 731,914,807.55. After deducting the total fees of RMB 17,032,572.32 paid by the Company for the issuance, including prepaid sponsorship fees, issuance fees, audit and verification fees, and legal fees, the actual amount of raised funds was RMB 714,882,235.23. The arrival of these raised funds was verified by Lixin Certified Public Accountants (Special General Partnership), which issued an audit report (Xin Hui Shi Bao Zi [2017] No. ZB12046) on November 15, 2017.
(II) Amount Used in Previous Years, Amount Used in the Current Year, and Current Balance
As of December 31, 2025, the Company's raised funds usage and year-end balance are as follows:
| Item | Amount | Unit: RMB Yuan | Remarks |
|---|---|---|---|
| Total amount of funds raised from this IPO | 780,640,000.00 | ||
| Add: Net interest income after fees | 4,096,991.64 | ||
| Income from wealth management products/structured deposits/7-day notice deposits | 56,754,227.34 | ||
| Less: Issuance expenses paid | 65,757,764.77 | ||
| Amount of self-owned funds used for replacement | 34,881,965.05 | ||
| Directly invested in promised investment projects | 704,312,595.21 | ||
| Surplus raised funds permanently supplemented to working capital | 36,538,893.95 | ||
| Balance of raised funds in special accounts as of December 31, 2025 | - |
II. Storage and Management of Raised Funds
(I) Management of Raised Funds