Announcement on Adjusting the Amount of Funds to be Invested in Fundraising Projects
Gu De Electric Materials System (Suzhou) Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On April 7, 2026, the Company held the 17th meeting of the 5th Board of Directors, which reviewed and approved the proposal on adjusting the amount of funds to be invested in the fundraising projects. This adjustment has been reviewed and approved by the Company's Audit Committee, and the sponsor, Dongwu Securities Co., Ltd., has issued a non-objection verification opinion. The relevant situation is hereby announced as follows:
Basic Situation of Fundraising
According to the approval issued by the China Securities Regulatory Commission on the registration of the Company's initial public offering (Approval No. [2026] 45), and with the consent of the Shenzhen Stock Exchange, the Company issued 20,700,000 shares of RMB ordinary shares (A shares) at an issue price of RMB 58 per share. The total amount raised from this issuance is RMB 1,200.60 million. After deducting various issuance expenses of RMB 118.77 million, the actual net amount raised is RMB 1,081.82 million. The aforementioned funds have been transferred to the Company's designated account. Yongcheng Certified Public Accountants (Special General Partnership) conducted a verification of the funds on March 3, 2026, and issued a "Verification Report" (Yongcheng Verification No. [2026] 230Z0029). The Company manages the raised funds in a special account as required, and all funds have been deposited into the special account for fundraising. The Company and its subsidiaries have signed a "Tripartite Supervision Agreement for Special Fund Accounts" and a "Quadripartite Supervision Agreement for Special Fund Accounts" with the sponsor Dongwu Securities Co., Ltd. and the commercial bank holding the raised funds.