MIRACLL 美瑞新材
MERRILAND NEW MATERIAL CO., LTD.
2025 Special Report on the Storage, Management, and Use of Raised Funds
MERRILAND NEW MATERIAL CO., LTD. (hereinafter referred to as the "Company" or "This Company"), and all its directors, supervisors, and senior management personnel guarantee the content of this report is true, accurate, and complete, and assume joint and several liability for any false representations, misleading statements, or material omissions therein.
I. Basic情况 of Raised Funds
1. Amount of Funds Actually Raised and Time of Receipt
As approved by the China Securities Regulatory Commission's "Approval on Merriland New Material Co., Ltd.'s Issuance of Shares to Specific Objects" (Zhengjianxuke [2025] No. 343) and agreed by the Shenzhen Stock Exchange, the Company issued 13,698,824 shares of RMB common stock (A shares) through competitive bidding by the lead underwriter, China Development Securities Co., Ltd. (hereinafter referred to as "China Development Securities"), at an issue price of RMB 14.38 per share. As of March 14, 2025, the Company issued 13,698,824 shares of RMB common stock to specific objects through simplified procedures, raising a total of RMB 196,989,089.12. After deducting the underwriting and unpaid sponsorship fees of China Development Securities (excluding VAT) of RMB 1,084,133.96, the remaining raised funds of RMB 195,904,955.16 were transferred on March 14, 2025, to the special accounts opened by the Company at the Development Zone Branch of Bank of Communications, Yantai (account number 376899991013000492521) and the China Pilot Free Trade Zone Branch, Bank of China, Yantai (account number 213053131007). The amount transferred to the Development Zone Branch of Bank of Communications, Yantai (bank account 376899991013000492521) was RMB 138,498,503.04, and the amount transferred to the China Pilot Free Trade Zone Branch, Bank of China, Yantai (bank account 213053131007) was RMB 57,406,452.12. After deducting the paid portion of sponsorship fees, legal fees, audit and capital verification fees, securities registration fees, stamp duty, and handling fees totaling RMB 788,531.36 (excluding VAT), the net amount of raised funds is RMB 195,116,423.80. Of this amount, RMB 13,698,824.00 is included in the share capital, and RMB 181,417,599.80 is included in the capital reserve (share premium). After this issuance to specific objects, the Company's registered capital is RMB 427,887,627.00. The receipt of these raised funds has been verified by Hexin Certified Public Accountants (Special General Partnership), who issued the "Capital Verification Report on Merriland New Material Co., Ltd.'s Issuance of Shares to Specific Objects through Simplified Procedures" (Hexin Yanzhi Zi [2025] No. 000008) on March 14, 2025. Upon arrival, the raised funds were deposited in the special accounts.
2. Amount of Raised Funds Used and Balance for 2025
During the reporting period, the aforementioned special accounts for raised funds were used for the expenditure of fundraising investment projects totaling RMB 51,781,633.73, issuance expenses of RMB 726,415.08, payment of handling fees of RMB 1,678.13, receipt of bank deposit interest income of RMB 10,064.68, and investment income from principal-protected wealth management products of RMB 1,917,063.48. As of December 31, 2025, the balance of temporarily idle raised funds used for cash management that had not yet matured was RMB 90,000,000, and the balance in the raised funds accounts was RMB 55,322,356.38. The specific details are as follows: