Securities Code: 301603 Securities Abbreviation: Qiaofeng Intelligent Announcement No.: 2026022 Qiaofeng Intelligent Equipment Co., Ltd. Special Report on the Storage, Management, and Use of Raised Funds in 2025
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
In accordance with the "Supervision Rules for Raised Funds of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Normative Operation of GEM Listed Companies," and "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Announcement Format," and other relevant normative documents, as well as the "Company Articles of Association" and the "Raised Funds Management System," the Board of Directors of Qiaofeng Intelligent Equipment Co., Ltd. (hereinafter referred to as the "Company") has compiled the "Special Report on the Storage, Management, and Use of Raised Funds in 2025." The continuous sponsor, Guotou Securities Co., Ltd., has issued an opinion without objection on this proposal, and Rongsheng Certified Public Accountants (Special General Partnership) has issued an attestation report. The report on the storage and use of raised funds in 2025 is as follows:
I. Basic Situation of Raised Funds (I) Amount of Funds Actually Raised and Time of Capital Arrival
With the approval of the China Securities Regulatory Commission's "Approval on the Registration of the Initial Public Offering of Shares of Qiaofeng Intelligent Equipment Co., Ltd." (Securities Regulatory Permit [2024] No. 673), the Company, through the lead underwriter Guotou Securities Co., Ltd. (hereinafter referred to as Guotou Securities), issued 30.19 million ordinary shares at an issue price of RMB 26.50 per share, combining offline inquiry-based allocation to target investors and online public offering. The total amount of raised funds was RMB 800.035 million. After deducting the underwriting and sponsorship fees of RMB 56.0025 million (excluding tax), the actual amount of raised funds was RMB 744.0325 million. These raised funds were received on July 5, 2024. After further deducting audit and capital verification fees, legal fees, information disclosure fees, and other issuance fees of RMB 34.3818 million (excluding tax), the net amount of raised funds for the Company's current issuance is RMB 709.6507 million. The arrival of these funds has been verified by Rongsheng Certified Public Accountants (Special General Partnership) in their "Capital Verification Report" (Rongsheng Verification [2024] No. 518Z0084). The Company has implemented special account storage management for the raised funds.
(II) Use and Balance of Raised Funds
| Project | Amount (Unit: RMB Million) |
|---|---|
| Net amount of raised funds | 70,965.07 |
Less: Accumulated use of raised funds | 56,021.21 Of which: ① Amount of self-raised funds pre-invested in raised fund investment projects for replacement | 20,610.03 ② Amount directly invested in raised fund projects in 2024 | 27,191.39 ③ Amount directly invested in raised fund projects in 2025 | 8,219.79 Add: Net amount of interest income from raised funds after deducting fees | 414.12 Less: "Intelligent Manufacturing Equipment Production Base Construction Project" completed, surplus raised funds permanently supplemented to working capital | 11,247.55 Less: Interest from the cancellation of the "Supplement Working Capital" raised fund account | 80.32 Balance of unused raised funds | 4,030.11
II. Storage and Management of Raised Funds
In accordance with relevant laws and regulations and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Normative Operation of GEM Listed Companies," and adhering to the principles of standardization, safety, efficiency, and transparency, the Company has formulated the "Raised Funds Management System," which clearly stipulates the storage, approval, use, management, and supervision of raised funds, ensuring the standardized use of raised funds at the system level.