Fundraising Overview - The company has received approval from the China Securities Regulatory Commission for a non-public offering of up to 304,070,293 shares, raising a total of no more than 2,435 million RMB [1] - The actual issuance was 264,673,906 shares at a price of 9.19 RMB per share, with the funds verified by an accounting firm [1] Changes in Fund Usage - The company has decided to change the project "Introduction of 4 A320 aircraft" to "Introduction of 2 A320 aircraft," reallocating the remaining funds to a new project "Introduction of 5 C909 aircraft" [2][3] - The original investment amount for the A320 project was 1,192.10 million RMB, which has been reduced to 754.10 million RMB, with the remaining 438 million RMB redirected to the new C909 project [2] - The project "Purchase of 14 aircraft spare engines" has been terminated, with its funds of 487 million RMB also redirected to the C909 project [2] Tripartite Supervision Agreement - A tripartite supervision agreement has been signed among the company, its wholly-owned subsidiary Yunfei Aircraft Leasing, and the banks involved to ensure proper management of the raised funds [4][6] - The agreement stipulates that the funds for the A320 project must be used solely for that purpose and outlines the responsibilities of each party in monitoring fund usage [4][5] - The new agreement includes provisions for regular checks and balances to protect the interests of small investors [4][5] Supplementary Agreement - A supplementary agreement has been signed to adjust the terms of the original tripartite supervision agreement regarding the new C909 project [6] - The dedicated account for the C909 project has a balance of 4,135,007.78 RMB as of August 7, 2025, and is restricted to the project's funding [6][7]

东兴证券股份有限公司 关于华夏航空股份有限公司变更募集资金用途 及部分募集资金投资项目实施主体的核查意见 东兴证券股份有限公司（以下简称"东兴证券"、"保荐机构"），作为华夏航空 股份有限公司（以下简称"华夏航空"、"公司"）2022年度非公开发行股票的持续督 导机构，根据《证券发行上市保荐业务管理办法》、《上市公司募集资金监管规 则》、《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范运作 》等有关规定，对华夏航空变更募集资金用途及部分募集资金投资项目实施主体 的事项进行了审慎核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准华夏航空股份有限公司非公开发行股 票的批复》（证监许可【2022】1662号）的核准，华夏航空股份有限公司向特定 对象非公开发行人民币普通股不超过304,070,293股，每股面值为人民币1.00元，募 集资金总额不超过243,500万元。公司实际非公开发行A股股票264,673,906股，每股 发行价格为人民币9.20元，募集资金总额为人民币2,434,999,935.20元，扣除发行费 用人民币25,397,899.32元（不含税）后，募集资 ...

Core Viewpoint - Huaxia Airlines (002928) announced changes to its fundraising project, including a reduction in the number of aircraft to be acquired and a shift in the implementation entity for the project [1] Summary by Relevant Sections Fundraising Project Changes - The company will change the plan to "introduce 4 A320 series aircraft" to "introduce 2 A320 series aircraft" [1] - The implementation entity for the fundraising project will be changed from Huaxia Airlines to its wholly-owned subsidiary, Yunfei Aircraft Leasing (Shanghai) Co., Ltd. [1] Financial Adjustments - The originally planned investment of 487 million yuan for "purchasing 14 spare engines" will be adjusted to fund the "introduction of 5 C909 series aircraft" [1] - The total amount for the revised fundraising project is 925 million yuan, which accounts for 38.39% of the net fundraising amount [1] Approval Process - The changes will require approval from the company's shareholders' meeting [1]