Fund Usage & Investments Announcements

Xi'an Zhongrong Electric announced the completion of the cancellation of its special accounts for raised funds. The company has used all raised funds as planned and has notified its sponsor. The cancellation of these accounts terminates the tripartite custody agreements.

Mankalong Jewelry Co., Ltd. announces the progress of using idle raised funds for cash management. The company has redeemed maturing wealth management products and purchased new ones, with a total outstanding balance of RMB 15,000 million. This strategy aims to increase asset returns without impacting the company's core business or fundraising projects.

This announcement details the progress of Zhejiang Mankalong Jewelry Co., Ltd.'s cash management activities using idle funds. The company has redeemed maturing wealth management products and purchased new ones, adhering to its policy of investing in low-risk, liquid products. The total outstanding balance for cash management remains within the authorized limit, ensuring no impact on core business operations and enhancing fund utilization efficiency.

The company will open a special account for raised funds and sign a supervision agreement. It will lend RMB 65 million from raised funds and RMB 3 million from its own funds to its wholly-owned subsidiary, HZDC, to fund the "Energy Storage Laboratory Construction Project." This move aims to enhance the subsidiary's capabilities and support the project's smooth implementation.

The company plans to continue using up to RMB 500 million of idle own funds for cash management. The purpose is to improve fund utilization and returns, while ensuring normal operations and fund safety. Funds will be invested in low-risk, highly liquid products from banks or financial institutions, with individual product terms not exceeding 12 months. This decision was approved by the board of directors.

This announcement details the progress of Jietai (Beijing) New Materials Technology Co., Ltd., a wholly-owned subsidiary of Jietai Group, in acquiring a 55% controlling stake in Guangnan County Jinxin Metallurgical Furnace Material Co., Ltd. The acquisition, involving equity transfer and capital increase, was completed with a total investment of RMB 54.34 million. Jinxin Metallurgical Furnace Material Co., Ltd. has now been incorporated into Jietai Group's consolidated financial statements.

This report details Nanjing Wisdomain's use of funds raised in 2020. The company raised over RMB 934 million, with net proceeds of RMB 928 million. As of June 30, 2026, RMB 707 million had been used for projects and working capital, with RMB 271 million remaining. The report confirms compliance with regulations.

Jiangsu Zhong Sheng High-Tech Environmental Co., Ltd. announces its investment of RMB 30 million and RMB 20 million to establish two wholly-owned subsidiaries in Fujian Province. These subsidiaries will undertake projects focused on modified polypropylene and high-performance polymer materials, respectively. The investment aims to expand the company's business scope and foster a new growth driver.

Yongxing Special Materials will invest RMB 20 million as a limited partner in Tianjin Guansi Ming Tang Haihe Venture Capital Partnership (Limited Partnership) to explore integration opportunities between cutting-edge technology and the company's traditional industry. This investment aims to reserve technology and project resources for intelligent upgrading of its main business and optimize asset allocation. The investment is not expected to have a significant impact on the company's financial condition or operating results in the short term.

Kangda New Material (Group) Co., Ltd. announced the early repayment of 40 million yuan in idle raised funds. These funds were temporarily used to supplement working capital and were fully repaid by August 10, 2026, within the approved 12-month period. The repayment did not affect the normal use of raised funds.

Haishike Pharmaceutical Group Co., Ltd. announces the opening of a special account for raised funds and the signing of a supervision agreement. The company issued 20,974,510 A shares at ¥59.37 per share, raising a net amount of ¥1,231,214,726.09 for new drug research and development.

The company is reporting on its progress in using temporarily idle raised funds for cash management. The total amount managed is RMB 50 million, which is within the approved limit. The company aims to improve fund utilization and increase returns without impacting the use of raised funds for its projects.

This report details the deposit and utilization of proceeds from Jiangsu Changqing Agrochemical Co., Ltd.'s 2019 convertible bond issuance as of June 30, 2026. The company confirms strict compliance with regulatory requirements and internal management policies regarding the use of these funds. No unauthorized changes to project implementation or misuse of funds occurred during the reporting period, and the company continues to manage temporarily idle funds through authorized capital-preservation financial products.

Shenzhen Dawei Innovation Technology Co., Ltd. announces the signing of a tripartite supervisory agreement for its raised funds with China Bank Shenzhen Luohu Branch and its sponsor, China Merchants Securities. This agreement aims to regulate the deposit, use, and management of raised funds, protecting investor interests. The funds are designated for the R&D and industrialization of embedded storage devices.

Zhejiang Founder Motor Co., Ltd. will increase capital by USD 3 million for its wholly-owned subsidiary, Shenzhen Gaokerun, to inject into its grand-subsidiary, Gaokerun (Vietnam). This capital increase aims to support the grand-subsidiary's expansion and will not impact the company's normal operations or shareholder interests.

Zhejiang Founder Motor Co., Ltd. announces its wholly-owned subsidiary, Shanghai Hainen Automotive Electronics Co., Ltd., will invest RMB 13.65 million to establish a joint venture with Guangxi Jukong Industrial Investment Co., Ltd. The JV, with a registered capital of RMB 35 million, will focus on R&D, manufacturing, and sales of engine electronic control and gas injection systems. This investment aligns with the company's strategy to expand product applications and strengthen customer relationships.

Shenzhen Shiyida Technology Co., Ltd. plans to use up to RMB 800 million of its idle funds for cash management, primarily in low-risk wealth management products. This aims to improve fund utilization and increase returns without impacting normal operations. The plan is valid for 12 months and requires shareholder approval.

Inner Mongolia Electric Power Investment Energy Co., Ltd. announces the investment in the first batch of 100,000 kW wind power project in Kulun Banner, a rural energy revolution pilot county. The project, with a total investment of 421.93 million yuan, aims to optimize the company's new energy layout and contribute to local green development. The project is financially feasible and has low financial risk.

China Uranium Corporation plans to use approximately RMB 252.63 million in excess raised funds for two projects: the supporting facilities for the Haddatu Uranium Mine in-situ leaching project and research on key technologies for integrated coal and uranium mining. These projects align with the company's strategic development and aim to enhance resource control and profitability. The use of funds has been approved by the board and is pending shareholder approval.

This report details the storage and use of raised funds by Zhejiang Chengchang Technology Co., Ltd. for H1 2026. The company has managed its funds according to regulations, with total raised funds of RMB 606,031,880. As of June 30, 2026, RMB 473,418,862.31 had been used, with a remaining balance of RMB 49,262,293.66. No violations were found.

Shandong Lianke Technology Co., Ltd. announces the progress of its cash management using temporarily idle raised funds. The company has been investing in wealth management products to optimize fund utilization and increase returns. The announcement details the maturity and recovery of these products, along with the realized gains, demonstrating effective management of idle funds without impacting project construction.

This report details the deposit and utilization of funds raised by Shandong Lianke Technology Co., Ltd. through its private placement. As of June 30, 2026, the company had a remaining balance of 245.34 million RMB in its designated accounts. The funds are being used for the second phase of the nanocarbon material project, with 54.46 million RMB invested cumulatively. The company confirms that all funds were managed and disclosed in compliance with regulatory requirements.

Ningxia Oriental Tantalum Industry Co., Ltd. announces the cancellation of a special account for raised funds held at China Development Bank Ningxia Hui Autonomous Region Branch. The account, used to supplement working capital, has a zero balance. This action aims to centralize bank account management and reduce costs.

Ningxia Oriental Tantalum Industry Co., Ltd. signed a supplementary agreement to its tripartite supervision agreement for raised funds. This allows the company to use temporarily idle raised funds for cash management, investing in low-risk wealth management products, to improve fund utilization without impacting investment projects.

Weichai Heavy Machinery plans to invest approximately RMB 538 million to build a high-end power equipment manufacturing base in Weifang Binhai Industrial Park. The project aims to expand the company's business scope, enhance competitiveness, and increase the production capacity of high-power generator sets. The investment will be funded by the company's own capital.

Shantui Construction Machinery Co., Ltd. is establishing four wholly-owned subsidiaries in Brazil, Turkey, Vietnam, and Kazakhstan through its Hong Kong subsidiary. This strategic move aims to expand overseas market presence and enhance competitiveness. The total investment is approximately USD 2.29 million, funded by internal capital. The company anticipates no adverse financial impact and has outlined risk mitigation strategies.

Shenzhen Airport Co., Ltd. announces progress on its wealth management product purchases. The company has signed an agreement with Bank of China Shenzhen Airport Branch to purchase wealth management products worth RMB 120,000 million using its own idle funds. This initiative aims to improve fund utilization and company performance while managing risks.

Shenzhen Today International Logistics Technology Co., Ltd. announces a change in the general partner for its joint investment fund. Hong Kong University (Shenzhen) Venture Capital Co., Ltd. replaces its parent company as the general partner. This change is administrative and does not materially impact the fund's operations. The fund has completed its industrial and commercial registration.

Shenzhen Today International Logistics Technology Co., Ltd. will invest RMB 10 million in a RMB 140 million fund with professional investment institutions. The fund aims to support strategic emerging industries and future industries, particularly those related to Nanjing Tech University's strengths. This investment is not expected to significantly impact the company's operations or financial status.

Guangdong Genesis Intelligent Equipment Group Co., Ltd. announces the signing of a tripartite supervisory agreement for its raised funds. The agreement involves the company, China Construction Bank Shenzhen Bao'an Branch, and Shenwan Hongyuan Securities. The funds will be used to supplement working capital and repay bank loans, ensuring proper management and investor protection.

Dongguan Kaige Precision Machinery Co., Ltd. announces the signing of a four-party regulatory agreement for its raised funds. The agreement involves the company, its subsidiary, the bank, and the sponsor to regulate the management and use of raised funds for the "Intelligent Manufacturing Equipment Production Base Project."

Shanghai Hanxun Information Technology Co., Ltd. announced the opening of special settlement accounts for its raised funds cash management. The company will use up to RMB 350 million of idle raised funds for cash management, investing in low-risk wealth management products. This measure aims to optimize fund utilization without impacting project construction or operations.

Shenzhen Kexin Communication Technology Co., Ltd. announced the progress of using idle raised funds for cash management. The company continued to use 50 million RMB for wealth management products, with a focus on high-security, liquid products. This initiative aims to increase investment returns and optimize fund utilization without impacting the company's core operations or investment projects.

Jiangsu Stidick New Material Technology Co., Ltd. has established a wholly-owned subsidiary, Stidick (Shanghai) New Material Technology Co., Ltd., with a registered capital of RMB 10 million. The subsidiary has completed its industrial and commercial registration. This investment is part of the company's development strategy and does not require board approval or constitute a major asset restructuring.

Qingdao Haitai Ke Mould Technology Co., Ltd. announces the progress of its cash management activities using temporarily idle raised funds and its own funds. The company has invested RMB 65,000,000.00 in a structured deposit product with a term from August 7, 2026, to October 13, 2026, yielding 1.20%-1.90%. This is within the approved limits and does not affect the company's operations or investment projects.

Wuxi Weidang Industrial Technology Co., Ltd. announces progress on using idle raised funds for cash management. The company invested RMB 20 million in wealth management products, with an expected annualized yield of 1.00%-1.40%. This action aims to increase fund utilization efficiency and shareholder returns without impacting operations.

This announcement details the progress of using idle raised funds for cash management. The company redeemed a wealth management product totaling RMB 45 million, earning RMB 5.67 million in actual income, which is in line with expectations. The company continues to manage its idle funds to improve efficiency and generate returns.

Tianjin Red Sun Pharmaceutical Co., Ltd. announces the closure of its special account for raised funds. This follows the completion of its initial public offering and the subsequent allocation of remaining funds. The closure aligns with regulatory requirements and concludes the management of these funds.

Qingdao Baiyang Pharmaceutical Co., Ltd. announced the full repayment of 54,992.29 million yuan of idle raised funds used for temporary working capital. The funds were repaid to the special account for raised funds before August 10, 2026, within the approved 12-month period. The company has notified its sponsor.

This report details the deposit and utilization of proceeds from the company's 2021 non-public offering of A-shares as of June 30, 2026. As of this date, the company has cumulatively invested 702.08 million RMB in projects, with a remaining balance of 204.77 million RMB. The company also reports on the extension of project completion timelines and changes to project implementation entities to optimize resource allocation and project progress.

The company will use up to RMB 260 million of temporarily idle raised funds for cash management. This aims to improve fund utilization and preserve capital value without impacting project construction or normal operations. The investment will focus on safe, liquid, principal-protected products with a maturity of up to 12 months.

This report details the management and utilization of funds raised by North Chemical Industries Co., Ltd. as of June 30, 2026. The company reports a remaining balance of 262,038,617.60 RMB. One major project, the 30,000-ton activated carbon expansion, has been terminated, while the gas mask production line technical upgrade project was completed and put into operation in September 2024.

This report details the deposit, management, and utilization of funds raised by Higold Group Co., Ltd. during the first half of 2026. As of June 30, 2026, the company had a remaining raised fund balance of 41,158,597.78 RMB. The company confirms that all funds were managed in compliance with regulatory requirements and relevant supervision agreements. No unauthorized changes to project locations or implementation methods occurred during this period.

Shenzhen Tiansu Metrology Testing Co., Ltd. has approved the addition of two wholly-owned subsidiaries, Guangdong Tiansu Testing and Certification Co., Ltd. and Guangdong Tiansu Testing Service Co., Ltd., as implementation entities for its "Regional Metrology and Testing Laboratory Construction Project." The company is also expanding the project's implementation locations to include Huizhou and Zhongshan. This decision aims to optimize resource allocation and improve service efficiency without changing the total investment or the project's purpose.

This report details the storage and use of raised funds by Zhengzhou Zhongzhi Technology Co., Ltd. during the first half of 2026. The company has maintained strict management of its raised funds, with no significant changes to investment projects. Funds are primarily held in specialized bank accounts, and the company continues to manage idle funds through prudent investment in wealth management products.

Qingdao Richmat Intelligence Technology Co., Ltd. will terminate its IPO fundraising project "Intelligent Shading Series Products New Construction Project" and reallocate the remaining funds. The company will inject the remaining capital into its wholly-owned subsidiary, RICHMAT INTERNATIONAL INVESTMENT CO., LTD., to implement the "Thailand Production Base Construction Project (Phase II)". This strategic adjustment aims to optimize resource allocation and enhance operational efficiency.

Qingdao Haojiang Intelligent Technology Co., Ltd. will use self-raised funds to pay for investment project expenses and offset with equivalent raised funds within six months. This measure aims to improve operational efficiency and is expected to not affect the investment plan or harm shareholder interests.

The company announces the cancellation of specific special accounts used for the "Weike High-end Intelligent Molding Technology Industrial Park Project" as the funds have been fully utilized. This action aims to standardize the management of raised capital accounts and terminates the associated tripartite regulatory agreements.

Guangdong Haichuan Intelligent Machinery Co., Ltd. announces the establishment of a wholly-owned subsidiary in Kunshan, Suzhou, Jiangsu Province, with a registered capital of RMB 10 million. This move aligns with the company's overall development strategy and is expected to positively impact business growth. The establishment does not constitute a connected transaction or major asset restructuring.

The company and its subsidiary received a lawsuit and asset preservation notice from Bohai Bank Chengdu Branch for RMB 171.92 million. The company's and subsidiary's accounts were frozen, totaling RMB 16.97 million. The company believes it is not a party to the dispute and will actively defend its rights. The impact on profits is currently uncertain.