Report on the Use of Previously Raised Funds
According to the relevant provisions of the China Securities Regulatory Commission's "Guidelines for the Application of Regulatory Rules - Issuance Class No. 7," the company reports the use of previously raised funds as of March 31, 2026, as follows:
1. Basic Information on Previously Raised Funds
(1) Amount and Status of Previously Raised Funds
With the approval of the China Securities Regulatory Commission regarding the registration of Shandong Haike New Source Material Technology Co., Ltd.'s initial public offering (Approval No. [2023] 615), the company publicly issued 55,740,795 ordinary shares of RMB 1 each. The issuance was conducted through a combination of targeted placements to strategic investors, offline inquiries to qualified investors, and online pricing for public investors holding non-restricted A-shares and non-restricted depository receipts in the Shenzhen market, with an issue price of RMB 19.99 per share. As of July 3, 2023, the company had publicly issued 55,740,795 ordinary shares, raising a total of RMB 1,114,258,492.05. After deducting underwriting fees of RMB 87,814,580.04, the net amount raised was RMB 1,026,443,912.01, which was transferred to the company's account at China Merchants Bank on July 3, 2023. After deducting various issuance costs of RMB 109,911,118.98 (excluding VAT), the actual net amount raised was RMB 1,004,347,373.07. This funding status has been verified by Lixin Certified Public Accountants (Special General Partnership), which issued verification report No. [2023] ZB11234.
(2) Storage of Previously Raised Funds
To standardize the management and use of raised funds and protect investors' rights, the company has formulated a "Fund Management System" in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Regulatory Requirements for the Management and Use of Raised Funds by Listed Companies (Revised 2022)," and other relevant laws and regulations. The company has established dedicated accounts for the storage and management of raised funds and signed a "Tripartite Supervision Agreement" with Industrial Bank Co., Ltd. Dongying Branch, Dongying Bank Co., Ltd. Dongying District Branch, and China Merchants Bank Co., Ltd. Dongying Victory Branch, as well as the sponsoring institution Guojin Securities Co., Ltd. Strict approval procedures are implemented for the use of raised funds to ensure that funds are used for their intended purposes. The authorized sponsor representative can check the account information at any time and is required to conduct a site inspection of the fund storage and usage every six months. According to the tripartite supervision agreement, if the amount withdrawn from the dedicated account exceeds RMB 50 million or 20% of the net amount raised within a single or cumulative twelve-month period, the company must promptly notify the sponsoring institution by fax and provide a list of expenditures from the dedicated account.
As of March 31, 2026, the status of the raised funds corresponding to the company's investment projects is as follows: