Securities Code: 300128
Securities Abbreviation: Jinfu Technology
Announcement No.: 2026-055
Suzhou Jinfu Technology Co., Ltd.
Announcement on Changes to the Equity Structure of the Implementation Entity for Raised Fund Investment Projects
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 material omissions.
Suzhou Jinfu Technology Co., Ltd. (hereinafter referred to as the "Company") held its third (extraordinary) meeting of the seventh Board of Directors on July 27, 2026, and reviewed and approved the "Proposal on Changes to the Equity Structure of the Implementation Entity for Raised Fund Investment Projects." It was agreed that due to the planned capital increase and share expansion of its wholly-owned subsidiary, Shanghai Jinjifu New Materials Technology Co., Ltd. (hereinafter referred to as "Shanghai Jinjifu"), to introduce external investors, the implementation entity for the Company's raised fund investment project, the "High-Performance Graphene Heat Dissipation Film Production Base Construction Project" (hereinafter referred to as the "Graphene Heat Dissipation Film Project"), will undergo changes in its equity structure. This matter still needs to be submitted for approval by the Company's shareholders' meeting. The specific details are hereby announced as follows:
I. Basic Situation of Raised Funds
As approved by the China Securities Regulatory Commission's "Approval on the Registration of Suzhou Jinfu Technology Co., Ltd.'s Private Placement of Shares" (Zhengjian Permit [2023] No. 245) and agreed by the Shenzhen Stock Exchange, the Company issued 205,000,000 ordinary shares (A shares) to specific objects at an issue price of RMB 3.60 per share. The total amount of raised funds was RMB 738,000,000.00. After deducting the issuance expenses of RMB 13,241,781.15, the net amount of raised funds is RMB 724,758,218.85.
The aforementioned raised funds were deposited into the Company's special account for raised funds on October 23, 2023. Tianheng Certified Public Accountants (Special General Partnership) audited the situation of the raised funds from the private placement of shares and issued the "Capital Verification Report" (Tianheng Verification [2023] No. 00118) on October 25, 2023.
II. Specific Situation of Raised Fund Investment Projects
According to the Company's "Prospectus for the 2021 Private Placement of A Shares (Registration Draft)," the raised funds, after deducting issuance expenses, will be used for the "Graphene Heat Dissipation Film Project" and to supplement working capital. Among these, the Graphene Heat Dissipation Film Project will be implemented by the Company's subsidiary, Taixing Jinfu New Materials Technology Co., Ltd. (hereinafter referred to as "Taixing Jinfu") in Taixing City, Jiangsu Province. In addition to the investment in land and factory buildings, the raised funds for this project will be invested in the implementation entity, Taixing Jinfu, through shareholder loans.
As of May 31, 2026, the Company's raised fund investment projects and their usage are as follows: