Guangdong Tuosida Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Basic Information on Fundraising
Approved by the Shenzhen Stock Exchange's Growth Enterprise Market Listing Committee at its 62nd review meeting in 2020, and authorized by the China Securities Regulatory Commission in its reply to Guangdong Tuosida Technology Co., Ltd. regarding the registration of convertible bonds issued to unspecified objects (Zheng Jian Xu Ke [2021] No. 435), the Company publicly issued 6.7 million convertible bonds on March 10, 2021, with a par value of RMB 100 each, totaling RMB 670 million. After deducting issuance costs of RMB 14,836,792.45, the actual net amount raised was RMB 655,163,207.55. Lixin Certified Public Accountants (Special General Partnership) conducted a verification of the funds received from the issuance of convertible bonds to unspecified objects on March 16, 2021, and issued Verification Report No. ZI10054.
II. Opening of Special Fund Accounts and Signing of Multi-party Supervision Agreement
On December 5 and December 24, 2025, the Company held the 28th meeting of the fourth Board of Directors and the fifth extraordinary general meeting of shareholders in 2025, respectively, to review and approve the proposal on the completion of fundraising investment projects and the allocation of surplus funds to new projects and permanent working capital. The Company agreed to conclude the fundraising investment project "Research and Industrialization of Intelligent Manufacturing Overall Solutions" and allocate a total of RMB 283,418,100 in surplus funds as of November 30, 2025, for new investment projects and to permanently supplement the working capital of its wholly-owned subsidiary, Dongguan Tuosida Technology Co., Ltd. The shareholders authorized the legal representative of the Company or an authorized agent designated by the legal representative to handle all matters related to project changes and implementation, including but not limited to signing relevant agreements, applying for regulatory approvals, and organizing implementation. The authorization period is from the date of approval by the shareholders' meeting until the completion of the project. The Company will open a new special fund account for the storage, use, and management of funds raised for the "Research and Industrialization of CNC Machine Tools" project; after the surplus funds are transferred out, the Company will cancel the relevant special fundraising account. Upon cancellation of the special account, the relevant "Tripartite Supervision Agreement on Fundraising" signed with the sponsor and the bank will also terminate. The shareholders authorized the legal representative or an authorized agent to specifically handle the opening of the special fundraising account, signing of the multi-party supervision agreement, and cancellation of the special fundraising account. For detailed content, please refer to the announcement titled "Completion of Fundraising Investment Projects and Allocation of Surplus Funds to New Projects and Permanent Working Capital" published by the Company on December 9, 2025, on the Giant Tide Information Network (Announcement No. 2025-078).