Core Viewpoint - The company plans to use 200 million RMB of idle raised funds to temporarily supplement its working capital, with a maximum limit of 200 million RMB and a usage period not exceeding 12 months, from January 28, 2026, to January 27, 2027 [2][6]. Summary by Sections 1. Basic Situation of Raised Funds - The company raised 460,104,000 RMB by issuing 80,720,000 shares at 5.70 RMB per share, with a net amount of 445,580,160 RMB after deducting issuance costs [2][3]. 2. Previous Use of Raised Funds - On March 27, 2025, the company approved the use of up to 300 million RMB of idle raised funds for temporary working capital, which was returned by January 16, 2026 [4][6]. 3. Current Use of Idle Raised Funds - The company intends to use up to 200 million RMB of idle raised funds for temporary working capital to meet increasing operational needs, ensuring that the funds will be returned to the special account before the deadline [5][7]. 4. Opening of Special Account - A special account for the temporary supplementation of working capital will be opened to ensure proper management and protection of investor interests, in compliance with relevant regulations [7][8]. 5. Board Meeting and Approval - The company’s ninth board meeting on January 28, 2026, approved the proposal with unanimous support, confirming compliance with legal and regulatory requirements [8][15].

Group 1 - The company announced the results of the stock option and restricted stock incentive plan for the fourth quarter of 2025, with a total of 28,356 shares exercised by incentive recipients through self-exercise [2] - As of December 31, 2025, the cumulative number of shares exercised and registered by incentive recipients reached 2,412,752 shares, accounting for 98.1866% of the total shares available for the first exercise period of the 2024 incentive plan [2][12] - The shares obtained through the exercise will be listed for trading on the second trading day after the exercise date (T+2) [11] Group 2 - The incentive plan has undergone necessary review procedures, including approval from the board of directors and the supervisory board, with no objections raised during the public announcement period [3][4] - The company completed the registration of 12,024,100 restricted stocks on July 9, 2024, and the stock option registration was completed on July 11, 2024 [5][6] - The company has also approved the granting of reserved stock options and restricted stocks to eligible recipients, with specific details on the number of options and shares granted [6][7] Group 3 - The company utilized idle raised funds to temporarily supplement working capital for its subsidiary, Zhuhai Jingwang, with a total of 20 million yuan approved for this purpose [15] - As of January 5, 2026, the subsidiary has fully repaid the 20 million yuan used for temporary working capital back to the designated account [16]

Group 1 - The company has established a special account for the temporary replenishment of raised funds and signed a tripartite supervision agreement to ensure proper management and usage of the funds [3][5][10] - The total amount raised through the issuance of shares was approximately RMB 186.99 million, with a net amount of RMB 174.52 million after deducting issuance costs [2][15][19] - The company plans to use up to RMB 50 million of idle raised funds for temporary working capital, with a usage period not exceeding 12 months from the board's approval date [9][18][21] Group 2 - The company has previously used idle raised funds for temporary working capital, with amounts not exceeding RMB 5 million and RMB 3.9 million in separate instances, both of which were returned to the special account ahead of schedule [16][17][25] - The board of directors and the audit committee have unanimously approved the use of idle funds, emphasizing that it will not affect the normal implementation of investment projects [20][21][22] - The tripartite supervision agreement includes provisions for monitoring fund usage and ensuring compliance with relevant regulations [4][6][8]