Special Verification Report on the Storage and Use of Raised Funds for Harbin Fuyerjia Technology Co., Ltd. for the Year 2025
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities" or "Sponsor") acted as the sponsor for Harbin Fuyerjia Technology Co., Ltd. (hereinafter referred to as "Fuyerjia" or "Company") during its initial public offering and listing on the Growth Enterprise Market. In accordance with the "Administrative Measures for the Sponsorship of Securities Issuance and Listing," "Regulations on the Supervision of Raised Funds by Listed Companies," "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," and "Listing Rules for Growth Enterprise Market Stocks of the Shenzhen Stock Exchange," CITIC Securities has fulfilled its continuous supervision responsibilities and conducted a special verification of the storage and use of raised funds for Fuyerjia for the year 2025. The verification results and opinions are as follows:
1. Basic Situation of Raised Funds
Approved by the China Securities Regulatory Commission (CSRC) document [2023] No. 1157 and agreed upon by the Shenzhen Stock Exchange, Harbin Fuyerjia Technology Co., Ltd. publicly issued 40,080,000 ordinary shares (A shares) at a par value of CNY 1 per share at an issuance price of CNY 55.68 per share on July 20, 2023. As of July 26, 2023, the company raised a total of CNY 2,231,654,400, with issuance costs of CNY 159,889,838.58, resulting in a net amount of CNY 2,071,764,561.42. By July 26, 2023, all raised funds had been received, verified by the report of Dahua Verification [2023] No. 000373. By December 31, 2025, the company had cumulatively invested CNY 2,101,336,795.73 in the raised fund projects, including an initial investment of CNY 1,054,474,283.64 from its own funds before the raised funds were in place; CNY 390,728,347.67 was used from July 27, 2023, to December 31, 2023; CNY 347,724,466.73 was used in 2024; and CNY 308,409,697.69 was used in 2025. From July 27, 2023, to December 31, 2024, the company received net interest income of CNY 28,432,724.61 after deducting fees from the raised funds, earned CNY 343,168.92 from temporarily idle funds in 2024, and received CNY 796,340.78 in interest from raised funds in 2025. As of December 31, 2025, there were no remaining balances of the raised funds.