Special report on the storage, management, and actual use of raised funds
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the announcement content, without false records, misleading statements, or significant omissions, and assume individual and joint legal responsibilities for the truthfulness, accuracy, and completeness of its content.
I. Basic Information of Fundraising
Hunan Guangxin Technology Co., Ltd. (hereinafter referred to as "the Company") received the "Reply on Approval of Hunan Guangxin Technology Co., Ltd.'s Public Issuance of Stocks to Non Specific Qualified Investors Registration" (CSRC License [2025] No. 1078) issued by the China Securities Regulatory Commission (CSRC) on May 20, 2025, approving the Company's registration application for public issuance of stocks to Non Specific Qualified Investors.
(1) Actual amount of raised funds and time of fund receipt
The company is issuing 20 million shares of stock to unspecified qualified investors (before exercising the over allotment option) at a price of RMB 10 per share, with a total amount of RMB 20000000.00 raisedThe net amount of funds raised is RMB 171060377.35 (before the exercise of the over allotment option), after deducting the non tax issuance expenses of RMB 28939622.65 (before the exercise of the over allotment option). The raised funds were transferred to the designated account of the company on June 19, 2025. The above-mentioned fundraising situation has been verified by Tianjian Certified Public Accountants (Special General Partnership) and a "Verification Report" (Tianjian Yan [2025] No. 2-6) has been issued.
(II) Use and Balance of Raised Funds
As of June 30, 2025, the company's use and balance of raised funds are as follows:
| Project | Amount (yuan) |
| Total amount of raised funds | 200 , 000000.00 |
| minus: issuance fee | 28 , 939622.65 |
| Actual net amount of raised funds | 171 , 060377.35 |
| minus: the amount of raised funds used in this reporting period | 0 |
| Less: Accumulated amount of raised funds used as of the end of this period | 0 |
| Plus: Net amount of interest generated from bank deposits and issuance fees paid with unused raised funds minus handling fees | 14 , 940109.31 |
| As of June 30, 2025, the balance of the fundraising special account | 186 , 000486.66 |
(III) Storage situation of raised funds in the special account
As of June 30, 2025, the balance of the company's raised funds in the special account is as follows:
| Account opening bank | Account | Amount (yuan) |
| China Merchants Bank Co., Ltd. Changsha Branch | 731908534310018 | 116000322.2 |
| Shanghai Pudong Development Bank Co., Ltd. Changsha Branch | 66010078801400000000 | 40000111.11 |
| Industrial and Commercial Bank of China Limited Shaoyang Branch Business Department | 1906029019100160000 | 30000053.33 |
| Total | - | 186000486.7 |
2. Management of Raised Funds
The company has formulated the "Hunan Guangxin Technology Co., Ltd. Raised Funds Management System" in accordance with the requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other laws, regulations, and relevant provisions, which implements a special account for the storage of raised funds, regulates the storage, use, project implementation management, investment project changes, and supervision of the use of raised funds.
In order to standardize the management of the company's fundraising and protect the rights and interests of investors, in accordance with relevant laws, regulations, and normative documents such as the "Beijing Stock Exchange Listing Rules" and the "Beijing Stock Exchange Continuous Supervision Guidelines for Listed Companies No. 9- Fundraising Management", the company has opened a special account for fundraising to store the funds raised for the issuance of stocks to unspecified qualified investors. The company has also signed a "Three party Supervision Agreement for Fundraising Special Accounts" with the commercial banks that deposit the fundraising funds, namely Industrial and Commercial Bank of China Shaoyang Branch, China Merchants Bank Changsha Branch, Shanghai Pudong Development Bank Changsha Branch, and Dongxing Securities Co., Ltd.
III. Actual Use of Raised Funds during the Reporting Period
(1) Situation of Fundraising Projects
During the reporting period, the relevant information on the use of funds in the company's fundraising projects is detailed in Appendix 1 "Comparison Table of Fundraising Use". There is no significant change in the feasibility of the
fundraising project.
(II) Exchange of Raised Funds
During the reporting period, the company did not engage in any exchange of raised funds.
(III) Temporary replenishment of working capital with idle raised funds
During the reporting period, the company did not have any temporary replenishment of working capital with idle raised funds.
IV. Use of Funds for Changing the Purpose of Raised Funds
During the reporting period, the company did not change the purpose of raised funds.
V. Problems in the Use and Disclosure of Raised Funds
The board of directors of our company believes that we have timely, truthfully, accurately, and completely disclosed the storage, management, and actual use of our raised funds in accordance with the relevant provisions of the "Regulations on the Supervision of Raised Funds by Listed Companies", the "Listing Rules of the Beijing Stock Exchange", the "Guidelines for the Continuous Supervision of Listed Companies on the Beijing Stock Exchange No. 9- Raised Fund Management", and related announcement formats, and there are no violations in the management of raised funds. The company has truthfully fulfilled its disclosure obligations regarding the investment and progress of the raised funds.
VI. Documents for reference
"Resolution of the Fifth Meeting of the Sixth Board of Directors of Hunan Guangxin Technology Co., Ltd.
Hunan Guangxin Technology Co., Ltd.
Board of Directors
August 22, 2025

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