Beijing Yakan Wanwei Information Technology Co., Ltd.
Announcement on Changing the Use of Raised Funds
The Company and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Beijing Yakan Wanwei Information Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") at its ninth meeting of the third board of directors on June 12, 2026, deliberated and approved the "Proposal on Changing the Use of Raised Funds." The Company plans to change the use of remaining raised funds from the "Headquarters Property Purchase Project" (hereinafter referred to as the "IPO Project") of its initial public offering and the "National Integrated New Computing Power Network System (East Data West Computing) Support Service System Construction Project" (hereinafter referred to as the "Refinancing Project") of its issuance of convertible corporate bonds to non-specific targets, and use them for the implementation of the Company's new project, the "Computing Power Leasing Business Project." This change in the use of raised funds does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies." This proposal needs to be submitted to the Company's shareholders' meeting for deliberation. The relevant situation is hereby announced as follows:
I. Overview of Changes to Raised Fund Investment Projects
(I) Basic Situation of Raised Funds
- Initial Public Offering of Shares
With the approval of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") in its "Approval on the Registration of Beijing Yakan Wanwei Information Technology Co., Ltd.'s Initial Public Offering of Shares" (Certificate No. [2021] 2602) issued on August 2, 2021, Beijing Yakan Wanwei Information Technology Co., Ltd. was approved to publicly issue 20 million shares of RMB ordinary shares (par value RMB 1 per share) at an issue price of RMB 21.44 per share. As of October 13, 2021, the Company had actually issued 20 million shares of RMB ordinary shares, with a total raised fund of RMB 428,800,000.00. After deducting issuance expenses of RMB 58,222,641.55, the net amount of raised funds was RMB 370,577,358.45. These raised funds were received on October 13, 2021, and were verified by the "Capital Verification Report" (Certificate No. 1-10018 [2021]) issued by Daixin Certified Public Accountants (Special General Partnership).
- Issuance of Convertible Corporate Bonds to Non-specific Targets
According to the resolution of the 18th meeting of the first board of directors of the Company and the resolution of the first extraordinary general meeting of shareholders in 2022, and with the approval of the 84th meeting of the ChiNext Listing Committee of the Shenzhen Stock Exchange in 2022 and the "Approval on the Registration of Beijing Yakan Wanwei Information Technology Co., Ltd.'s Issuance of Convertible Corporate Bonds to Non-specific Targets" (Certificate No. [2023] 222) issued by the CSRC, the Company issued 2,610,000 shares of convertible corporate bonds to non-specific targets, with a face value of RMB 100 per share. As of March 27, 2023, the Company had actually issued 2.61 million shares of convertible corporate bonds, with a total raised fund of RMB 261,000,000.00. After deducting issuance expenses of RMB 10,437,377.35 (including issuance expenses covered by self-owned funds), the net amount of raised funds was RMB 250,562,622.65. Daixin Certified Public Accountants (Special General Partnership) verified the actual amount of raised funds from the issuance of convertible corporate bonds to non-specific targets, and issued the "Capital Verification Report" (Certificate No. 1-00016 [2023]) on March 27, 2023.
(II) Proposed Changes to Investment Projects