301498SZSE

Announcement on the Use of Partially Idle Raised Funds for Cash Management

Gambol Pet Group Co., Ltd.··5 pages

✨ AI Summary

The company plans to use up to RMB 100 million of temporarily idle raised funds for cash management. The purpose is to preserve and increase the value of funds without affecting the investment plan. The investment period is from the 2025 to 2026 annual shareholder meeting, with individual product terms not exceeding 12 months. The company will purchase low-risk, highly liquid wealth management products.

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Full Translation

AI Translation· gemini_document

Securities Code: 301498 Securities Abbreviation: GOBELLY Announcement Number: 2026-010 GOBELLY Pet Food Group Co., Ltd. Announcement on the Use of Partially Idle Raised Funds for Cash Management The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, without false records, misleading statements, or major omissions. GOBELLY Pet Food Group Co., Ltd. (hereinafter referred to as the "Company") at the seventeenth meeting of the second board of directors held on April 21, 2026, deliberated and passed the "Proposal on the Use of Partially Idle Raised Funds for Cash Management." It was agreed that without affecting the normal progress of the company's investment plan for raised funds, the company will use a portion of temporarily idle raised funds, not exceeding RMB 100 million, for cash management. These funds will be used to purchase cash management products with high safety and good liquidity. This quota is valid from the date of deliberation and approval by the 2025 annual shareholders' meeting to the date of the 2026 annual shareholders' meeting. The investment period for any single wealth management product shall not exceed 12 months. Within the aforementioned period and quota, funds can be used on a revolving basis. This proposal still needs to be submitted to the company's shareholders' meeting for deliberation. The specific content is as follows: I. Basic Situation of Raised Funds With the approval of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") in the "Approval of the Registration of GOBELLY Pet Food Group Co., Ltd.'s Initial Public Offering of Shares" (CSRC License (2023) No. 621), the company issued 40.0045 million ordinary shares of RMB ordinary shares (A shares) to the public for the first time. The issuance price was RMB 39.99 per share. The total raised funds amounted to RMB 1,599.78 million. After deducting issuance expenses totaling RMB 127.3811 million, the net raised funds amounted to RMB 147,239.88 million. The raised funds were received on August 11, 2023. The receipt of the raised funds was audited by Tianzhi International Certified Public Accountants (Special General Partnership) and a "Capital Verification Report" (Tianzhi Accounting (2023) No. 43412) was issued on August 11, 2023. To regulate the management of raised funds and protect the legitimate rights and interests of investors, the company has implemented segregated account storage for raised funds and signed a "Tripartite Supervision Agreement for Raised Funds" with the sponsor and the commercial banks where the raised funds are deposited. II. Raised Funds Investment Situation According to the "Prospectus" of GOBELLY Pet Food Group Co., Ltd. for its initial public offering of shares and listing on the ChiNext market, the raised funds from the company's initial public offering were planned for the following projects:

Project NameInvestment Amount (RMB million)Planned Raised Funds Investment Amount (RMB million)
Pet Food Production Base Expansion Project36,737.4136,737.41
Intelligent Warehousing Upgrade Project7,191.057,191.05
R&D Center Upgrade Project3,060.483,060.48
Information Technology Upgrade Project2,511.262,511.26
Working Capital Supplement10,500.0010,500.00
Total60,000.2060,000.20

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