The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: 301235
Securities Abbreviation: Huakang Clean
Announcement Number: 2026-021
Convertible Bond Code: 123251
Convertible Bond Abbreviation: Huayi Convertible Bond
Announcement on Increasing Investment in Certain Fundraising Projects Using Self-Funded Capital and Adjusting Internal Investment Structure
Wuhan Huakang Century Clean Technology Co., Ltd. (hereinafter referred to as "the Company") held the fourth meeting of the third board of directors on March 20, 2026, and reviewed and approved the proposal on using self-funded capital to increase investment in certain fundraising projects and adjust the internal investment structure. Based on the actual operational development of the company and the implementation of fundraising projects, the board agreed to use self-funded capital to increase investment in the "Logistics Warehouse and Distribution Center Construction Project" sub-project "East Hubei Sub-Warehouse" (hereinafter referred to as "fundraising project") and to adjust the internal investment structure of this fundraising project. This matter does not change the purpose of the use of raised funds, nor does it change the implementing entity of the fundraising project. This matter is within the approval authority of the board of directors and does not require submission to the shareholders' meeting for approval. The relevant situation is hereby announced as follows:
1. Basic Situation of Fundraising
According to the approval from the China Securities Regulatory Commission on the registration of the issuance of convertible bonds to unspecified objects (Zheng Jian Xu Ke [2024] No. 220), the company issued 7.5 million convertible bonds at a par value of 100 yuan each to unspecified objects on December 23, 2024, raising a total of 750,000,000.00 yuan. After deducting underwriting and sponsorship fees, accounting, legal, credit rating, and issuance fees (excluding VAT) totaling 6,183,142.52 yuan, the actual net amount raised was 743,816,857.48 yuan. The above-mentioned raised funds were received on December 27, 2024, and the receipt of these funds has been verified by Zhonghui Accounting Firm (Special General Partnership), which issued the "Verification Report No. Zhonghui Hui Yan [2024] 11046" on December 27, 2024.
2. Fundraising Project Investment Situation
According to the "Prospectus for the Issuance of Convertible Bonds to Unspecified Objects" and the actual situation of the company, the funds raised from the issuance of convertible bonds will be invested in the following projects (hereinafter referred to as "fundraising projects"). As of December 31, 2025, the fundraising project and the progress of the use of raised funds are as follows: