Verification Report on the Annual Deposit, Management, and Use of Raised Funds for 2025
To all shareholders of Shenzhen Dazhu CNC Technology Co., Ltd.:
We have audited the special report prepared by the Board of Directors of Shenzhen Dazhu CNC Technology Co., Ltd. (hereinafter referred to as "Dazhu CNC") regarding the annual deposit, management, and use of raised funds for the year 2025.
1. Limitation of Report Users and Purpose
This verification report is solely for the purpose of disclosure in Dazhu CNC's annual report and shall not be used for any other purpose. We agree to include this verification report as a necessary document in Dazhu CNC's annual report, to be submitted and disclosed externally along with other documents.
2. Responsibilities of the Board of Directors
According to the "Regulations on the Supervision of Raised Funds by Listed Companies" issued by the China Securities Regulatory Commission, and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," the preparation of the special report on the annual deposit, management, and use of raised funds is the responsibility of Dazhu CNC's Board of Directors. This responsibility includes ensuring that the content is true, accurate, and complete, without false records, misleading statements, or significant omissions.
3. Responsibilities of the Certified Public Accountants
Our responsibility is to independently provide a verification conclusion on the report prepared by Dazhu CNC's Board of Directors.
4. Overview of Work
We conducted the verification in accordance with the "Standards for Other Assurance Services No. 3101 - Assurance Services Other than Audits or Reviews of Historical Financial Information." This standard requires us to plan and perform the verification work to obtain reasonable assurance that the information subject to verification is free from material misstatement. During the verification process, we performed procedures including examining accounting records that we deemed necessary. We believe that our verification work provides a reasonable basis for our opinion.
5. Verification Conclusion
We believe that the attached special report on the annual deposit, management, and use of raised funds for the year 2025 prepared by Dazhu CNC has been compiled in all material respects in accordance with the aforementioned "Regulations on the Supervision of Raised Funds by Listed Companies" and relevant provisions of the exchange, and fairly reflects the actual situation of Dazhu CNC's management and use of raised funds for 2025.
Special Report on the Annual Deposit, Management, and Use of Raised Funds for 2025
According to the "Regulations on the Supervision of Raised Funds by Listed Companies" issued by the China Securities Regulatory Commission, and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," the Board of Directors of Shenzhen Dazhu CNC Technology Co., Ltd. (hereinafter referred to as "the Company" or "Dazhu CNC") has prepared the special report on the annual deposit, management, and use of raised funds for A-shares as of December 31, 2025.
1. Basic Situation of A-share Raised Funds
(1) Actual Amount of Raised Funds and Timing of Receipt
According to the approval from the China Securities Regulatory Commission regarding the registration of the initial public offering of Shenzhen Dazhu CNC Technology Co., Ltd. (Approval No. [2021] 4134), the Company publicly issued 42 million shares of RMB ordinary shares (A-shares) at a price of RMB 76.56 per share in February 2022, with a total amount of raised funds of RMB 321,552.00 million. After deducting issuance costs of RMB 13,374.17 million, the actual amount of raised funds was RMB 308,177.83 million. The funds were received on February 22, 2022. This receipt of funds was verified by RSM China (Special General Partnership) Verification Report No. [2022] 518Z0010. The Company has adopted a dedicated account management for the raised funds.