The board of directors of Hansang (Nanjing) Technology Co., Ltd. guarantees that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions. According to the "Regulations on the Supervision of Raised Funds by Listed Companies" (CSRC Announcement [2025] No. 10) and the "Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of Growth Enterprise Market Listed Companies (2025 Revision)" (Shenzhen Stock Exchange [2025] No. 481), the company provides the following special explanation regarding the storage, management, and use of raised funds for the year 2025:
I. Basic Information on Raised Funds
(1) Actual Amount of Raised Funds and Time of Receipt
According to the China Securities Regulatory Commission's approval of the initial public offering registration of Hansang (Nanjing) Technology Co., Ltd. (CSRC Permit [2025] No. 644), the company publicly issued 32.25 million shares of RMB ordinary shares (A shares) at an issue price of RMB 28.91 per share, raising a total of RMB 932.3475 million. After deducting underwriting fees of RMB 40.7122 million (excluding tax), the raised funds amounted to RMB 891.6353 million, which was transferred to the company's raised funds supervision account by the joint lead underwriters on July 31, 2025. After deducting total issuance expenses of RMB 67.4523 million (excluding tax), including underwriting and sponsorship fees, audit fees, legal fees, information disclosure fees for this issuance, stock registration fees, and document production fees, the net amount of raised funds is RMB 864.8952 million. The above situation of raised funds has been verified by Tianjian Certified Public Accountants (Special General Partnership), which issued the "Verification Report" (Tianjian Verification [2025] No. 226).
(2) Use and Balance of Raised Funds
| Item | Amount (RMB 10,000) |
|---|---|
| Net amount of raised funds (A) | 86,489.52 |
| Cumulative amount spent at the beginning | (B1) |
| Interest income net amount (B2) | |
| Amount spent during the period | (C1) |
| Interest income net amount (C2) | 62.55 |
| Cumulative amount spent at the end | (D1=B1+C1) |
| Interest income net amount (D2) | (B2+C2) |
| Remaining raised funds (E=A-D1+D2) | 60,273.83 |
| Actual remaining raised funds (F) | 10,672.11 |
| Difference [Note 1] (G=E-F) | 49,601.72 |
[Note 1] The difference is due to unpaid issuance expenses of RMB 3.9828 million and structured deposits of RMB 50 million that have been purchased but are not yet due.