I. Basic Information on Raised Funds
(1) Actual Amount Raised and Timing of Funds
According to the approval document [2022]2326 from the China Securities Regulatory Commission regarding the registration of the initial public offering of Shanghai Zhenlan Instrument Technology Co., Ltd., the company publicly issued 73 million ordinary shares at a price of RMB 26.80 per share. As of February 15, 2023, the total amount raised was RMB 195.64 million, with a net amount of RMB 185.78 million after deducting issuance expenses of RMB 9.86 million (excluding VAT). This funding status was verified by Rongcheng Accounting Firm (Special General Partnership) under verification report [2023]230Z0037. The company has implemented a dedicated account storage system for the raised funds.
(2) Usage and Balance of Raised Funds
As of December 31, 2025, the company had cumulatively used RMB 96.82 million of the net raised funds of RMB 185.78 million, with RMB 86.49 million used in previous years and RMB 10.33 million used in 2025. The net income from financial management and interest, after deducting fees, was RMB 7.91 million. The remaining balance of the raised funds was RMB 96.86 million, including RMB 5.23 million in dedicated accounts and RMB 91.63 million in financial products such as large certificates of deposit and structured deposits.
II. Storage and Management of Raised Funds
To enhance and standardize the management of raised funds, improve their utilization efficiency, and protect the legitimate rights and interests of all shareholders, the company has formulated the "Management Measures for Raised Funds." This document clearly stipulates the storage, approval, usage, management, and supervision of raised funds to ensure their standardized use. The company has established dedicated accounts in banks and signed tripartite and quadripartite supervision agreements with the sponsor, Huafu Securities Co., Ltd., and relevant banks. As of December 31, 2025, the status of the raised funds accounts is as follows: