301086SZSE

Announcement of the Special Report on the Storage, Management, and Use of Raised Funds for the Year 2025

✨ AI Summary

This announcement details the management and utilization of raised funds by Shenzhen Hongfuhan Technology Co., Ltd. for 2025. The total amount raised was RMB 1,449,900,000, with a net amount of RMB 1,313,479,648 after expenses. As of December 31, 2025, the company had utilized RMB 905,163,903.66, with a remaining balance of RMB 478,091,134.91 in designated accounts.

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Shenzhen Hongfuhan Technology Co., Ltd. (Stock Code: 301086, Stock Abbreviation: Hongfuhan) Announcement No.: 2026-017

The company and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Basic Situation of Raised Funds

(1) Actual Amount of Raised Funds and Timing of Receipt

According to the approval from the China Securities Regulatory Commission on August 19, 2021, Shenzhen Hongfuhan Technology Co., Ltd. was authorized to publicly issue 15,000,000 shares of RMB ordinary shares at a price of RMB 96.66 per share, raising a total of RMB 1,449,900,000. After deducting issuance costs of RMB 136,420,351.90, the net amount raised was RMB 1,313,479,648.10. As of October 13, 2021, all raised funds had been received. Lixin Accounting Firm (Special General Partnership) issued a "Capital Verification Report" on October 13, 2021.

(2) Amount Used and Current Balance of Raised Funds for the Year

As of December 31, 2025, the cumulative usage and balance of the raised funds are as follows:

ItemAmount (RMB)
Initial net amount raised1,313,479,648.10
Cumulative amount used for investment projects until December 31, 2024905,163,903.66
Among them: Amount used for raised fund projects621,742,904.05
Amount used for permanent replenishment of working capital from over-raised funds184,640,000.00
Remaining raised funds for permanent replenishment of working capital98,780,999.61
Amount used for investment projects in 202584,151.21
Among them: Amount used for raised fund projects0.00
Amount used for permanent replenishment of working capital from remaining raised funds84,151.21
Cumulative interest income minus bank fees69,859,541.68
Balance of special account for raised funds as of December 31, 2025478,091,134.91
Actual balance of special account for raised funds as of December 31, 20251,090,559.94
Balance of cash management products purchased with raised funds as of December 31, 2025477,000,000.00

II. Storage and Management of Raised Funds

(1) Management System for Raised Funds

To standardize the management and use of raised funds, improve the efficiency and effectiveness of fund usage, and protect investors' rights, the company has established a "Management System for Raised Funds" in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and the Regulatory Rules for the Management of Raised Funds by Listed Companies.

(2) Regulatory Agreement for Raised Funds

In accordance with relevant laws and regulations and the company's "Management System for Raised Funds," the company has adopted a special account storage system for raised funds, establishing special accounts in banks. The specific situation is as follows:

  1. The company and its wholly-owned subsidiary, Dongguan Hongfuhan Technology Co., Ltd., signed a "Four-Party Regulatory Agreement for Special Account Storage of Raised Funds" with the sponsor, CITIC Securities Co., Ltd., and China Construction Bank Co., Ltd. on September 28, 2021.
  2. The company signed similar agreements with other banks for the management of raised funds.

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