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Guolian Minmetals Securities Underwriting and Sponsorship Co., Ltd. Report on the Status of Fund Raising and Use of Funds by Zhongfu Information Co., Ltd. in 2025

Zhongfu Information Co., Ltd.··9 pages

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This report details Zhongfu Information's 2025 fund raising and usage. The company raised RMB 504,999,988.29, with a net amount of RMB 491,430,128.32 after expenses. Funds were deposited in special accounts. The company utilized RMB 200 million for cash management and RMB 150 million for temporary working capital.

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Guolian Minmetals Securities Underwriting and Sponsorship Co., Ltd.

Report on the Status of Fund Raising and Use of Funds by Zhongfu Information Co., Ltd. in 2025

Guolian Minmetals Securities Underwriting and Sponsorship Co., Ltd. (hereinafter referred to as "Guolian Minmetals Securities" or "Sponsor"), as the continuous supervision institution of Zhongfu Information Co., Ltd. (hereinafter referred to as "the Company"), in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," the "Shenzhen Stock Exchange GEM Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Norms for the Operation of GEM Listed Companies," and other relevant regulations, has audited the status of fund raising and use of funds by Zhongfu Information in 2025. The specific situation is as follows:

I. Basic Situation of Fund Raising

With the approval of the China Securities Regulatory Commission's "Approval on the Registration of Zhongfu Information Co., Ltd.'s Issuance of Shares to Specific Objects" (Zhengjian Permit (2023) No. 1857), the Company issued 34,851,621 shares of RMB ordinary shares (A shares) to specific objects, with a par value of RMB 1.00 per share. The issuance price was RMB 14.49 per share. The total amount of funds raised was RMB 504,999,988.29. After deducting issuance expenses (excluding VAT) of RMB 13,569,859.97, the net amount of funds raised was RMB 491,430,128.32. These funds were received in March 2024. The receipt of these funds was verified by Dahua Certified Public Accountants (Special General Partnership), who issued an audit report (Dahua Audit (2024) No. 000017). The Company has implemented special account storage management for the raised funds.

According to the "Proposal on the Cash Management of Temporarily Idle Raised Funds and Self-Owned Funds" deliberated and approved at the 13th meeting of the 6th Board of Directors, the 12th meeting of the 6th Supervisory Board, and the 2024 Annual Shareholders' Meeting, the Company plans to use no more than RMB 200 million of temporarily idle raised funds for cash management. The sponsor has issued a verification opinion.

According to the "Proposal on Using Idle Raised Funds to Temporarily Supplement Working Capital" deliberated and approved at the 18th meeting of the 6th Board of Directors, the Company plans to use no more than RMB 150 million of idle raised funds to temporarily supplement working capital. The period of use shall not exceed 12 months from the date of approval by the Board of Directors, and will be repaid to the special account for raised funds on time before expiration. The sponsor has issued a verification opinion.

As of December 31, 2025, the Company's use of raised funds is as follows:

ItemAmount (RMB)
Net amount of raised funds491,430,128.32
Less: Replacement of funds invested in projects in previous periods141,177,964.58
Less: Funds used in previous periods97,382,086.61
Less: Fees for previous periods' fund accounts861.85
Add: Bank interest from previous periods' special fund accounts and investment income from principal-protected floating-income wealth management products purchased with raised funds4,714,210.16
Less: Funds used during the reporting period114,470,940.20
Less: Fees for the fund account during the reporting period23.60
Add: Bank interest from the special fund account during the reporting period and investment income from principal-protected floating-income wealth management products purchased with raised funds2,283,374.81
Balance of raised funds as of December 31, 2025145,395,836.45

II. Fund Raising and Management of Raised Funds

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