Announcement Regarding the Completion of Certain Fund-Raising Projects, Permanent Replenishment of Working Capital with Surplus Funds, and Termination of Certain Fund-Raising Projects

Stock Code: 300844 Stock Abbreviation: Shanshui Landscape Announcement No.: 2026-031

Guangzhou Shanshui Landscape Design Co., Ltd.

Announcement Regarding the Completion of Certain Fund-Raising Projects, Permanent Replenishment of Working Capital with Surplus Funds, and Termination of Certain Fund-Raising Projects

Guangzhou Shanshui Landscape Design Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the fourth Board of Directors on July 27, 2026, where the "Proposal on the Completion of Certain Fund-Raising Projects, Permanent Replenishment of Working Capital with Surplus Funds, and Termination of Certain Fund-Raising Projects" was reviewed and approved. The Company intends to conclude the "Information Management Platform Construction Project" and use the surplus funds for permanent working capital. The Company also intends to terminate the "Headquarters Operation Center Construction Project," as well as sub-projects related to site acquisition and renovation within the "Design Service Network Construction Project" and "Technical R&D Center Upgrade Construction Project." The remaining funds will continue to be held in the original dedicated fund-raising accounts and managed in accordance with relevant laws and regulations, including but not limited to cash management and temporary replenishment of working capital.

In accordance with the "Rules Governing the Listing of Securities on the ChiNext Market of the Shenzhen Stock Exchange" and the "Self-Regulatory Guidelines for Listed Companies on the ChiNext Market No. 2 — Standardized Operation," these matters regarding the completion and termination of fund-raising projects are subject to approval by the Company's shareholders' meeting. The details are announced as follows:

I. Basic Information on Raised Funds

Approved by the China Securities Regulatory Commission's "Reply on Approving the Registration of the Initial Public Offering of Shares of Guangzhou Shanshui Landscape Design Co., Ltd." (Zheng Jian Xu Ke [2021] No. 2358), the Company issued 10.10 million RMB-denominated ordinary shares (A shares) at an issue price of 80.23 yuan per share. The total amount of funds raised was 810.323 million yuan. After deducting issuance expenses of 119.0121 million yuan (excluding tax), the actual net proceeds were 691.3109 million yuan.

The aforementioned funds were transferred to the Company's designated accounts on August 9, 2021, and verified by Lixin Certified Public Accountants (Special General Partnership), which issued the "Capital Verification Report" (Xin Hui Shi Bao Zi [2021] No. ZF10820). The Company has implemented special account storage for these funds and signed tripartite supervision agreements with the sponsor and the commercial banks holding the funds.

II. Use of Raised Funds

According to the use of funds disclosed in the Company's "Prospectus for Initial Public Offering and Listing on the ChiNext Market," the funds are to be invested in the following projects in order of priority:

Unit: 10,000 Yuan

As of June 30, 2026, the Company has cumulatively invested 149.8043 million yuan of the raised funds. The details are as follows: