301128SZSE

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

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This report details the company's management of raised funds in 2025. It covers the total amount raised, funds used for investment projects, and funds used for temporary working capital replenishment. The report also outlines the company's cash management activities with idle raised funds and confirms that the overall investment progress aligns with the plan.

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Securities Code: 301128 Securities Abbreviation: Qiangrui Technology Announcement No.: 2026-033 Shenzhen Qiangrui Precision Technology Co., Ltd. Board of Directors Special Report on the Status of Raised Funds Storage, Management, and Use for 2025

The Company and all members of the 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.

I. Basic Situation of Raised Funds

(I) Amount of Funds Actually Raised and Time of Arrival

As approved by the China Securities Regulatory Commission's "Approval on the Registration of Shenzhen Qiangrui Precision Technology Co., Ltd.'s Initial Public Offering of Shares" (Securities Regulatory Permit [2021] No. 3014), the Company issued 18,471,700 ordinary shares (A shares) at a par value of RMB 1 per share and an issuance price of RMB 29.82 per share. The total amount of funds raised was RMB 550,826,094.00. After deducting issuance expenses (excluding VAT) of RMB 57,345,701.23, the net amount of raised funds was RMB 493,480,392.77. Tianzhi International Certified Public Accountants (Special General Partnership) audited the capital arrival of the Company's initial public offering of shares on November 4, 2021, and issued the "Capital Verification Report" (Tianzhi Accounting [2021] No. 42618).

(II) Amount Used in the Current Year and Year-End Balance

As of December 31, 2025, the Company had cumulatively used RMB 377,579,863.39 of raised funds. In 2025 (hereinafter referred to as the "Reporting Period" or "Current Year"), the Company cumulatively used RMB 124,855,052.10 of raised funds, of which RMB 115,855,052.10 was invested in raised fund investment projects, and RMB 9,000,000.00 of surplus raised funds was used for external investment. In 2025, the Company used idle raised funds to temporarily supplement working capital. As of December 31, 2025, the outstanding balance not yet repaid was RMB 58,306,145.46.

In 2025, the Company used raised funds to purchase wealth management products such as structured deposits and notice deposits totaling RMB 297 million. It redeemed RMB 267 million of wealth management products. As of December 31, 2025, the amount of wealth management products not yet due for redemption was RMB 30 million.

As of December 31, 2025, the balance of raised funds (including net interest income after deducting bank handling fees and the amount of wealth management products not yet due) was RMB 85,905,027.88. The specific situation is as follows:

ProjectAmount (RMB)
Total Raised Funds550,826,094.00
Less: Issuance Expenses57,345,701.23
Net Raised Funds493,480,392.77
Cumulative Investment in Raised Fund Projects261,229,863.39
Surplus Raised Funds for External Investment81,350,000.00
Surplus Raised Funds for Permanent Working Capital Supplement35,000,000.00
Idle Raised Funds Temporarily Supplementing Working Capital58,306,145.46
Add: Net Interest Income and Wealth Management Income After Fees28,310,643.96
Balance of Raised Funds as of December 31, 202585,905,027.88
Of which: Balance in Raised Fund Deposit Account55,905,027.88
Unredeemed Balance of Wealth Management Products30,000,000.00

II. Storage and Management of Raised Funds

(I) Formulation and Implementation of Raised Fund Management System

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