Guangdong Huicheng Vacuum Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
On May 28, 2026, the Company held the sixth meeting of the third Board of Directors, which reviewed and approved the proposal on the delay of certain fundraising investment projects, agreeing to adjust the date for the "Vacuum Coating R&D Center Project" to reach the predetermined usable state from June 5, 2026, to December 5, 2027, without changing the implementing entity, the purpose of the raised funds, or the scale of the project. The specific situation is announced as follows:
1. Basic Situation of Fundraising
According to the approval issued by the China Securities Regulatory Commission on the registration of the initial public offering of Guangdong Huicheng Vacuum Technology Co., Ltd. (Zheng Jian Xu Ke [2023] No. 2260), the Company issued 25,000,000 ordinary shares (A shares) at a price of RMB 12.20 per share, raising a total of RMB 305,000,000.00. After deducting issuance expenses of RMB 63,272,994.03 (excluding tax), the net amount raised is RMB 241,727,005.97, including an oversubscription of RMB 6,727,005.97. Yongcheng Accounting Firm (Special General Partnership) issued a verification report on May 30, 2024 (Yongcheng Yan Zi [2024] 518Z0063).
To standardize the management of the raised funds and protect the rights and interests of investors, the Company has opened a special account for the raised funds, implementing special account storage, and has signed a tripartite supervision agreement with the sponsor and the bank supervising the special account for the raised funds. All raised funds have been deposited in the Company's special account as required.
2. Use of Fundraising
As of December 31, 2025, the use of the raised funds is as follows:
| No. | Project Name | Total Committed Investment | Cumulative Investment Amount | Investment Progress | Date to Reach Usable State |
|---|---|---|---|---|---|
| 1 | R&D Production Base Project | 10,000.00 | 10,000.00 | 100.00% | April 27, 2021 |
| 2 | Vacuum Coating R&D Center Project | 7,500.00 | 2,124.49 | 28.33% | June 5, 2026 |
| 3 | Supplementary Working Capital Project | 6,000.00 | 6,000.00 | 100.00% | — |
| Total | 23,500.00 | 18,124.49 | — | — |
3. Delay of Certain Fundraising Investment Projects and Reasons
(1) Basic Situation of the Delay
The fundraising investment project being delayed is the "Vacuum Coating R&D Center Project." The adjusted date for the project to reach the predetermined usable state is as follows:
| No. | Project Name | Original Date to Reach Usable State | Adjusted Date to Reach Usable State |
|---|---|---|---|
| 1 | Vacuum Coating R&D Center Project | June 5, 2026 | December 5, 2027 |
(2) Reasons for the Delay
The Vacuum Coating R&D Center Project involves procuring advanced hardware and software equipment and attracting high-end R&D talent, focusing on optical coating, flexible coating, and semiconductor coating. The Company will conduct multiple cutting-edge and specialized research topics in equipment configuration upgrades and safety testing, aiming to enhance overall R&D capabilities, obtain intellectual property, and meet the development requirements of vacuum coating equipment applications.