Special Report on the Storage, Management, and Use of Raised Funds for 2025
According to the regulatory requirements of the China Securities Regulatory Commission's "Regulations on the Supervision of Raised Funds by Listed Companies," the Shenzhen Stock Exchange's "Self-Regulatory Guidelines No. 2 for Listed Companies on the Growth Enterprise Market," and the "Management System for Raised Funds" of Zhonglun New Materials Co., Ltd. (hereinafter referred to as "the Company"), the Company presents the following special report on the storage, management, and use of raised funds for 2025:
1. Basic Information on Raised Funds
(1) Actual Amount of Raised Funds and Timing of Receipt
With the approval of the China Securities Regulatory Commission document [2024]112, which consented to the registration of Zhonglun New Materials Co., Ltd.'s initial public offering of stock, the Company publicly issued 60,010,000 shares of ordinary shares (A shares) with a par value of 1 RMB per share, raising a total of 712,918,800.00 RMB. After deducting various issuance expenses of 78,079,887.24 RMB, the actual net amount raised was 634,838,912.76 RMB. The receipt of the above raised funds was verified by Rongcheng Accounting Firm (Special General Partnership), which issued verification report "Rongcheng Verification [2024]361Z0022."
(2) Amount Used and Year-End Balance of Raised Funds
As of December 31, 2025, the Company used 39,791,600 RMB of the raised funds for projects during the year, with a cumulative usage of 543,696,700 RMB, leaving a remaining balance of 93,757,300 RMB. The usage of raised funds as of December 31, 2025, is as follows:
| Item | Amount (10,000 RMB) |
|---|---|
| Net amount of raised funds | 634,838.89 |
| Approved amount for replacement of prior investments | 378,298.70 |
| Amount invested in previous years | 125,606.40 |
| Amount invested this year | 39,791.60 |
| Cumulative amount of raised funds used | 543,696.70 |
| Amount not used | 91,142.20 |
| Less: Temporarily used idle raised funds for working capital | - |
| Less: Unmatured financial products purchased | - |
| Add: Cumulative net interest and fees | 999.70 |
| Add: Cumulative financial income | 1,615.40 |
| Less: Other transfers | - |
| Balance of raised funds in special account as of December 31, 2025 | 93,757.30 |
2. Storage and Management of Raised Funds
(1) Management of Raised Funds
In accordance with relevant laws and regulations, the "Regulations on the Supervision of Raised Funds by Listed Companies," and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Growth Enterprise Market," the Company has established the "Management Measures for Raised Funds," which clearly stipulates the storage, approval, use, management, and supervision of raised funds to ensure their standardized use.