Shenzhen Rongda Sensing Technology Co., Ltd.
2026 Annual Report on Feasibility Analysis of Fund Raising for Issuance of Shares to Specific Objects
(Unless otherwise specified, terms in this feasibility analysis report have the same meaning as in the "Shenzhen Rongda Sensing Technology Co., Ltd. 2026 Plan for Issuance of Shares to Specific Objects".)
I. Fund Raising Plan
The total amount of funds to be raised through the issuance of shares to specific objects shall not exceed RMB 591 million (inclusive). After deducting issuance expenses, the net amount of raised funds will be used for the following projects:
| No. | Project Name | Total Investment (RMB Million) | Amount of Raised Funds to be Invested (RMB Million) |
|---|---|---|---|
| 1 | Guangzhou Production Base Construction Project | 22,971.27 | 21,600.00 |
| 2 | Thailand Processing Base Construction Project | 23,529.07 | 21,500.00 |
| 3 | Supplement Working Capital | 16,000.00 | 16,000.00 |
| Total | 62,500.34 | 59,100.00 |
Before the raised funds are in place, the company may use its own funds or self-raised funds for advance investment in the fund-raising investment projects. These advances will be replaced after the raised funds are in place, in accordance with relevant laws and regulations. If the net amount of raised funds after deducting issuance expenses is less than the total amount of funds intended for investment, the company will adjust the order and amount of investment in the fund-raising investment projects within the scope of the projects, and the company will resolve any shortfall with its own funds or self-raised funds.
II. Details of Fund Raising Investment Projects
(I) Guangzhou Production Base Construction Project
1. Project Background
The project will be located at the south side of Nanwan Avenue, Nanwan Town, Nansha District, Guangzhou City, Guangdong Province, and the east side of Tangdong Avenue. The implementing entity is Gaoshi Dianyan, a wholly-owned subsidiary of the issuer.
The project plans to acquire land in Nansha District, Guangzhou City, Guangdong Province, and construct production plants, supporting warehouses, and an administration building. It will also introduce production equipment for PCB photoresist inks and inkjet inks, as well as laboratory equipment. Upon completion, the project will have an annual production capacity of approximately 6,000 tons of PCB photosensitive solder mask photoresist ink and 300 tons of inkjet ink. The PCB photosensitive solder mask photoresist ink can be used in automotive PCB boards, AI servers, high-speed optical modules, IC substrates, and other fields. The inkjet ink can be used for printing characters, solder masks, and circuits on PCBs.
The company's proposed investment projects are closely aligned with its existing core businesses, and the products to be produced are all within the company's existing core business scope. Among them, PCB photosensitive solder mask photoresist ink for AI servers, high-speed optical modules, and IC substrates, and inkjet ink for PCB printing solder masks and circuits represent products that further expand the company's core business into high-end segmented markets, based on existing core products.
Upon completion, this project will effectively overcome existing site constraints, improve production efficiency and scale benefits, expand product applications in high-end fields, and further consolidate and enhance the company's market competitiveness and industry position in the PCB photoresist field.
2. Necessity of Project Implementation
(1) Responding to National Industrial Policy Calls and Accelerating the Upgrading of the Photoresist Industry to Achieve Domestic Breakthroughs