Special Explanation on the Situation of Fund Occupation by Controlling Shareholders and Other Related Parties in 2025

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This document is a special explanation regarding fund occupation by Shanghai Feikai Material Technology Co., Ltd.'s controlling shareholders and related parties in 2025. It confirms that the company's management is responsible for the accuracy of the disclosed information, which has been reviewed against audited financial statements. The report aims to provide a better understanding of the fund occupation situation.

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