301369SZSE
🚨 Material Event

Announcement on Adding a New Implementation Entity for Certain Fund-Raising Projects and Changing the Use of Partial Raised Funds

PowerTECH Co., Ltd.··8 pages

✨ AI Summary

The company plans to add its wholly-owned subsidiary, Shanghai Linkage Semiconductor Technology Co., Ltd., as an implementation entity for the "Marketing Service Network Construction Project." Additionally, the company will reallocate 20 million RMB of excess raised funds to this project, increasing its total investment to 70 million RMB. These funds will be used to purchase and renovate property in Shanghai to strengthen the company's regional marketing and service capabilities in East China.

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Full Translation

AI Translation· gemini_document

Stock Code: 301369 Stock Abbreviation: Linkage Technology Announcement No.: 2026-041

Foshan Linkage Technology Co., Ltd. Announcement on Adding a New Implementation Entity for Certain Fund-Raising Projects and Changing the Use of Partial Raised Funds

Foshan Linkage Technology Co., Ltd. (hereinafter "the Company") held the 7th meeting of the 3rd Board of Directors and the 7th meeting of the 3rd Board Audit Committee on June 10, 2026, where the "Proposal on Adding a New Implementation Entity for Certain Fund-Raising Projects and Changing the Use of Partial Raised Funds" was reviewed and approved. To improve the efficiency of raised funds and meet the actual development needs of the Company, after careful analysis and demonstration, the Company intends to add its wholly-owned subsidiary, Shanghai Linkage Semiconductor Technology Co., Ltd. (hereinafter "Shanghai Linkage"), as an implementation entity for the "Marketing Service Network Construction Project" (hereinafter "Marketing Service Project"). The Company will use a portion of the excess raised funds for this project and change the use of some of the originally raised funds. This change does not constitute a related-party transaction and is still subject to approval by the Company's general meeting of shareholders. The Company's sponsor, Guotai Haitong Securities Co., Ltd. (hereinafter "Sponsor" or "Guotai Haitong"), has issued a verification opinion with no objections. The details are as follows:

I. Overview of the Change in Fund-Raising Projects

(I) Basic Information on Raised Funds

Approved by the China Securities Regulatory Commission (hereinafter "CSRC") in the "Reply on Approving the Registration of the Initial Public Offering of Shares of Foshan Linkage Technology Co., Ltd." (Zheng Jian Xu Ke [2022] No. 1532), the Company issued 11.60045 million RMB-denominated ordinary shares (A-shares) at a par value of 1.00 RMB per share, with an issue price of 96.58 RMB per share. The total amount of raised funds was 1,120.3323 million RMB. After deducting relevant issuance expenses (excluding tax) of 105.7825 million RMB, the actual net proceeds were 1,014.5499 million RMB. The funds were transferred to the Company's designated account on September 16, 2022. Lixin Certified Public Accountants (Special General Partnership) verified the arrival of the funds and issued the "Capital Verification Report" (Xin Hui Shi Bao Zi [2022] No. ZC10346). After the funds arrived, the Company managed them through special accounts and signed a "Tripartite Supervision Agreement for Raised Funds" with the banks and the sponsor.

(II) Cumulative Investment of Raised Funds

As of March 31, 2026, the status of the Company's fund-raising projects and the use of funds are as follows:

Unit: 10,000 RMB

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