I. Basic Situation of Fundraising
According to the China Securities Regulatory Commission's approval (Zheng Jian Xu Ke [2024] No. 1072), the company plans to publicly issue 17.5 million ordinary shares at a par value of RMB 1 each, increasing its registered capital by RMB 17.5 million, resulting in a new registered capital of RMB 70 million. As of October 17, 2024, the company has issued 17.5 million shares, raising a total of RMB 516.075 million. After deducting underwriting fees of RMB 63.3607 million, the net amount raised is RMB 452.7143 million. The raised funds have been transferred to the company's designated account and verified by Da Xin Accounting Firm, which issued a verification report (Da Xin Yan Zi [2024] No. 14-00004). The funds are stored in a special account for fundraising, and a fundraising supervision agreement has been signed with the sponsor and the commercial bank holding the funds.
II. Fundraising Investment Project Situation
As of December 31, 2025, the usage of the funds raised from the initial public offering is as follows: