Xiangyang Boya Precision Equipment 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 significant omissions.
On March 31, 2026, the Company held the first meeting of the sixth Board of Directors, where it reviewed and approved the proposal on the completion of certain fundraising projects and the permanent supplementation of working capital with surplus funds. The Company agreed to conclude the fundraising project "Product R&D, Testing, and Experiment Center Project" and permanently allocate the surplus fundraising funds of 7.8163 million RMB (the final amount will be based on the actual balance after deducting the funds payable under signed contracts from the special fundraising account) to working capital. According to the "Regulations on the Supervision of Fundraising by Listed Companies" and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," this proposal needs to be submitted to the shareholders' meeting for review. The relevant information is announced as follows:
1. Overview of Fundraising
(1) Basic Situation of Fundraising
According to the China Securities Regulatory Commission's approval (Zheng Jian Xu Ke [2021] No. 253), the Company was permitted to publicly issue 21,000,000 ordinary shares (A shares) with a par value of 1 RMB per share at an issue price of 18.24 RMB/share. The total amount raised was 383.04 million RMB, with a net amount of 343.7352 million RMB after deducting non-taxable issuance costs of 39.3048 million RMB. Zhonghui Certified Public Accountants (Special General Partnership) verified the funds raised on April 9, 2021, and issued Verification Report No. [2021]1546. The Company has managed the raised funds in a special account and signed a fundraising supervision agreement with the bank and the sponsor. All raised funds have been deposited in the special account.