Announcement on Changes to the Implementation Content, Location, and Extension of Some Fundraising Projects
The company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.
Mingyue Eyewear Co., Ltd. (hereinafter referred to as the "Company") held the fourth meeting of the third board of directors on July 20, 2026, and deliberated and approved the "Proposal on Changes to the Implementation Content, Location, and Extension of Some Fundraising Projects." It was agreed to change the implementation content and location of the "High-end Resin Lens Expansion Project" and correspondingly adjust the planned completion time. The sponsor institution has issued a clear opinion of consent on this matter, which is subject to the company's shareholders' meeting for deliberation.
The relevant situation is hereby announced as follows:
I. Basic情况 of Raised Funds
As approved by the China Securities Regulatory Commission's "Approval on the Registration of the Initial Public Offering of Shares of Mingyue Eyewear Co., Ltd." (Zhengjian Permit (2021) No. 3473), the Company was approved to issue 33.5854 million shares of RMB ordinary shares (A shares) with a par value of RMB 1 per share. The issuance price was RMB 26.91 per share. The total amount of raised funds was RMB 903,783,114.00. After deducting various issuance expenses, the net amount of raised funds was RMB 792,923,877.64. The receipt of the aforementioned raised funds was audited by Lixin Certified Public Accountants (Special General Partnership), who issued the "Capital Verification Report" (Xin Hui Shi Bao Zi [2021] No. ZA15935) on December 13, 2021.
The Company has deposited the aforementioned raised funds into a special account for raised funds and has signed a "Supervision Agreement for Raised Funds" with the sponsor institution and the commercial bank where the raised funds are deposited.
II. Use of Raised Funds and Previous Adjustments
(I) Use of Raised Funds
As of June 30, 2026, the Company has cumulatively used RMB 20,622.92 million in raised funds, with a balance of RMB 42,067.38 million (including relevant interest income and investment income after deducting handling fees). The specific situation is as follows:
| Project Name | Total Investment | Planned Investment Amount | Amount Invested as of June 30, 2026 |
|---|---|---|---|
| 1. High-end Resin Lens Expansion Project | 32,367.69 | 30,042.80 | 5,469.31 |
| 2. Conventional Resin Lens Expansion and Technology Upgrade Project | 14,968.48 | 14,086.43 | 8,814.36 |
| 3. R&D Center Construction Project | 6,210.47 | 6,210.47 | 4,677.41 |
| 4. Marketing Network and Product Display Center Construction Project | 6,456.34 | 6,456.34 | 1,661.84 |
| Total | 60,002.98 | 56,796.04 | 20,622.92 |
(II) Previous Adjustments to Fundraising Projects
On August 16, 2022, the Company held the 19th meeting of the first board of directors and the 15th meeting of the first supervisory board, agreeing to the absorption and merger of its wholly-owned subsidiary Jiangsu Mingyue Optical Co., Ltd. At the same time, the implementation entity for some of the fundraising investment projects was changed from Mingyue Optical to the Company. The investment amount, purpose, location, and other matters related to these projects remain unchanged. For details, please refer to the "Announcement on the Absorption and Merger of a Wholly-Owned Subsidiary and the Adjustment of the Implementation Entity for Some Fundraising Investment Projects" (Announcement No.: 2022-045).