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Audit Report on the Storage, Management, and Use of Raised Funds Anning Huaming (2026) Special Letter No. 70043897_M03 Starry Sky Technology Co., Ltd.
To the Board of Directors of Starry Sky Technology Co., Ltd.:
We were engaged to perform an audit of the accompanying "Special Report on the Storage, Management, and Use of Raised Funds for 2025" (the "Special Report") of Starry Sky Technology Co., Ltd. for the year ended December 31, 2025. The preparation and presentation of the Special Report in accordance with the "Supervisory Rules for the Management of Raised Funds by Listed Companies," "Shenzhen Stock Exchange Listed Companies' Self-Regulatory Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and relevant format guidelines are the responsibility of the Board of Directors of Starry Sky Technology Co., Ltd. Our responsibility is to express an independent opinion on the Special Report based on our audit.
We conducted our audit in accordance with the "Other Assurance Services Standards No. 3101 - Assurance Engagements Other Than Audits or Reviews of Historical Financial Information" of the Chinese Institute of Certified Public Accountants. This standard requires us to plan and perform the audit to obtain reasonable assurance about whether the Special Report is free from material misstatement. Our audit included obtaining an understanding of, sampling, vouching, and other procedures we considered necessary. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the Special Report of Starry Sky Technology Co., Ltd. has been prepared in all material respects in accordance with the "Supervisory Rules for the Management of Raised Funds by Listed Companies," "Shenzhen Stock Exchange Listed Companies' Self-Regulatory Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and relevant format guidelines, and it truthfully reflects the storage, management, and use of raised funds by Starry Sky Technology Co., Ltd. for the year 2025.
This report is for the disclosure of the 2025 annual report of Starry Sky Technology Co., Ltd. and is not for any other purpose.
A member firm of Ernst & Young Global Limited 1
Audit Report on the Storage, Management, and Use of Raised Funds (Continued) Anning Huaming (2026) Special Letter No. 70043897_M03 Starry Sky Technology Co., Ltd.
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Anning Huaming Certified Public Accountants (Special General Partnership) China Beijing
Certified Public Accountant: Li Jianguang Certified Public Accountant: Zhao Ting
March 9, 2026
Starry Sky Technology Co., Ltd. Special Report on the Storage, Management, and Use of Raised Funds for 2025
I. Basic Information on Raised Funds
(I) Amount of Raised Funds and Time of Arrival
According to the "Approval for the Initial Public Offering of Shares by Starry Sky Technology Co., Ltd." (Document No. [2023] 1989) issued by the China Securities Regulatory Commission, the company issued 42.112630 million shares of RMB ordinary shares (A shares) at an issue price of RMB 16.16 per share. The total amount of raised funds was RMB 68,054.01 million. After deducting issuance expenses of RMB 5,263.77 million (excluding VAT), the net amount of raised funds was RMB 62,790.24 million. Anning Huaming Certified Public Accountants (Special General Partnership) audited the arrival of the raised funds on March 22, 2024, and issued the "Capital Verification Report" (Anning Huaming (2024) Verification Letter No. 70043897_M01).
The company has opened dedicated accounts for raised funds, adopted a special account storage system, and signed the "Tripartite Supervision Agreement for Raised Funds" with the sponsor and the bank supervising the special accounts for raised funds.