Announcement on Adjusting the Amount of Funds to be Invested in Fundraising Projects

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Zhejiang Jinwo Precision Engineering Co., Ltd. announced adjustments to the amount of funds allocated for investment projects due to a lower-than-expected net fundraising amount of RMB 711.29 million. The adjustments include a reduction in the investment for the intelligent manufacturing production base project and confirmation that the overall investment plan remains intact. The decision was approved by the board and audit committee, ensuring compliance with regulatory requirements.

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The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: 300984
Securities Abbreviation: Jinwo Co., Ltd.
Announcement Number: 2026-038

Announcement on Adjusting the Amount of Funds to be Invested in Fundraising Projects

Zhejiang Jinwo Precision Engineering Co., Ltd. (hereinafter referred to as "the Company") held the 17th meeting of the third board of directors on May 27, 2026, where it reviewed and approved the proposal on adjusting the amount of funds to be invested in fundraising projects. The Company agreed to adjust the amount of funds allocated for investment projects based on the actual situation of the funds raised from the issuance of A shares to specific targets. The relevant information is announced as follows:

I. Basic Situation of Fundraising

According to the China Securities Regulatory Commission (hereinafter referred to as "CSRC") approval (Zheng Jian Xu Ke [2025] No. 2789), the Company issued 13,987,769 A shares at a price of RMB 51.51 per share, raising a total of RMB 720,509,981.19. After deducting various issuance expenses (excluding tax) of RMB 9,223,156.00, the actual net amount raised was RMB 711,286,825.19. Tianheng Accounting Firm (Special General Partnership) conducted an audit of the funds raised as of May 7, 2026, and issued verification report No. Tianheng Yan Zi (2026) 00049. The Company manages the raised funds in a dedicated account and has signed a tripartite supervision agreement with the sponsor and the bank where the dedicated account is held.

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