Anji Microelectronics Technology (Shanghai) Co., Ltd

The assurance report of the special report on the deposit and actual use of the raised funds in 2024

KPMG Huazhen LLP

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To Anji Microelectronics Technology (Shanghai) Co., Ltd

The assurance report of the special report on the deposit and actual use of the raised funds in 2024

KPMG Huazhen No. 2502752

Board of Directors of Anji Microelectronics Technology (Shanghai) Co., Ltd.:

We accept the entrustment of Anji Microelectronics Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Anji Technology") 2024

The annual special report on the deposit and actual use of the raised funds (hereinafter referred to as the "special report") performs the assurance business of reasonable assurance, and whether the special report is issued in accordance with the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") in all material respects

Regulatory Guidelines for Listed Companies No. 2 – Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies (Revised in 2022)

(CSRC Announcement [2022] No. 15) and the Self-Regulatory Regulation of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange issued by the Shanghai Stock Exchange

Guideline No. 1 – Standardized Operation" and the requirements of the related format guidelines, and whether they truthfully reflect the deposit and actual use of the funds raised by Anji Technology in 2024 in all material respects.

1. The responsibility of the enterprise for the special report

In accordance with the "Guidelines for the Supervision of Listed Companies No. 2 - Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies" issued by the China Securities Regulatory Commission

(Revised in 2022) (CSRC Announcement [2022] No. 15) and the Shanghai Stock Exchange Science and Technology Innovation issued by the Shanghai Stock Exchange

It is the responsibility of the Board of Directors of Anji Technology to design, implement and maintain the internal controls related to the preparation of the special report, as well as to ensure that the content of the special report is true, accurate and complete, and that there are no false records, misleading statements or material omissions.

KPMG Huazhen LLP, a People's Republic of China KPMG Huazhen (Special General Partnership) — China Partnership Accounting

partnership and a member firm of the KPMG global firm, which is a partnership with KPMG International Limited (a British private guarantee limited company).

organisation of independent member firms affiliated with Division).

KPMG International Limited, a private English company

limited by guarantee.

To Anji Microelectronics Technology (Shanghai) Co., Ltd

Assurance Report of the Special Report on the Deposit and Actual Use of Raised Funds in 2024 (Continued)

KPMG Huazhen No. 2502752

2. Responsibilities of certified public accountants

Our responsibility is to issue an assurance opinion on the special report on the basis of the assurance work carried out. We performed the assurance work in accordance with the Chinese Certified Public Accountants Other Assurance Engagements No. 3101 - Assurance Engagements Other than the Audit or Review of Historical Financial Information. The standard requires us to comply with the Code of Professional Ethics of Chinese Certified Public Accountants and to plan and perform assurance work to obtain reasonable assurance as to whether the special report is free of material misstatement.

The assurance work involves the implementation of procedures to obtain and report on whether the special report is in all material respects in accordance with the "above" issued by the SFC

Regulatory Guidelines for Municipal Companies No. 2 – Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies (Revised in 2022) (SFC

Announcement [2022] No. 15) and the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 – Standardized Operation and related format guidelines issued by the Shanghai Stock Exchange, and whether the assurance evidence related to the deposit and actual use of the funds raised by Anji Technology in 2024 is truthfully reflected in all material respects. The procedure chosen is subject to our judgment and includes an assessment of the risk of material misstatement of a particular report as a result of fraud or misstatement. In the course of performing our assurance work, we have implemented inquiries, checking evidence supporting the amount and disclosure of the special report on a spot check basis, and other procedures that we deem necessary.

We believe that the evidence we have obtained is sufficient and appropriate to provide the basis for an assurance opinion.

3. Attestation opinions

We believe that the above-mentioned special report of Anji Technology is in accordance with the "Guidelines for the Supervision of Listed Companies" issued by the China Securities Regulatory Commission in all material respects

No. 2 – Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies (Revised in 2022) (CSRC Announcement [2022] 15

and the "Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 - Standardized Operation" and related format guidelines issued by the Shanghai Stock Exchange, and truthfully reflect the deposit and actual use of the funds raised by Anji Technology in 2024 in all material aspects.

Anji Microelectronics Technology (Shanghai) Co., Ltd

Special report on the deposit and actual use of raised funds in 2024

First, the basic situation of the funds raised

(1) Funds raised from initial public offerings

1. Actual funds raised

Approved by the China Securities Regulatory Commission on the initial public offering of Anji Microelectronics Technology (Shanghai) Co., Ltd

Approval of Stock Registration (Zheng Jian Xu Xu [2019] No. 1167) Approved for registration, Anji Microelectronics Technology (Shanghai) Co., Ltd

(hereinafter referred to as the "Company" or the "Company") issued RMB ordinary shares (A shares) to the public for the first time 13,277,095

shares, with a par value of $1.00 per share and an issue price of $39.19 per share. The total proceeds from the public offering amounted to 520,329,353.05

After deducting the total issuance expenses of RMB 45,437,451.25, the actual net amount of funds raised was RMB 474,891,901.80, and the actual amount received was RMB 483,927,759.01. The above-mentioned raised funds have been raised by KPMG Huazhen (Special Pu

and issued the KPMG Hua Zhen Yan Zi No. 1900382 Capital Verification Report on July 17, 2019.

2. The amount used for the current year and the balance at the end of the year

As of December 31, 2024, the balance of the company's raised funds was RMB0.00. The details are as follows:

Unit: RMB

Project amount

Actually received raised funds 483,927,759.01

Less: The cumulative amount of fundraising and investment projects is 498,268,867.89

Among them: 11,275,870.74 was replaced by self-raised funds in advance to raise funds for investment projects

399,870,018.82 funds paid for fundraising projects using the fundraising account

Over-raised funds permanently replenish liquidity 48,428,548.77

The surplus raised funds permanently replenished the working capital of 38,694,429.56

Less: Replacement of the amount with self-funded prepaid issuance costs of 3,335,522.68

Less: Other issuance expenses paid 5,700,334.53

Add: Net income and interest income from wealth management products raised after deducting handling fees 23,376,966.09

The balance of funds raised as of December 31, 2024 is 0.00

(2) Raising funds by issuing shares to specific targets through simplified procedures

1. Actual funds raised

Approved by the China Securities Regulatory Commission on the approval of Anji Microelectronics Technology (Shanghai) Co., Ltd. to specific targets

With the approval of the approval of stock registration (Zheng Jian Xu Xu [2023] No. 561), the company will issue A shares to specific targets through simplified procedures

1,272,570 ordinary shares, par value of RMB1.00 per share, issue price of RMB162.77 per share. This time, it will be

The total amount of proceeds raised by the simplified procedure to specific targets was RMB207,136,218.90, deducting the total issuance expenses of RMB3,517,145.62, the actual net amount of funds raised was RMB203,619,073.28, and the actual amount received was RMB206,546,218.90. The above-mentioned raised funds have been reviewed by KPMG Huazhen (Special General Partnership).

and issued the KPMG Hua Zhen Yan Zi No. 2300733 Capital Verification Report on March 30, 2023.

2. The amount used for the current year and the balance at the end of the year

As of December 31, 2024, the balance of funds raised by the Company was RMB63,350,589.92. Specifics

As shown in the table below:

Unit: RMB

Project amount

Actually received 206,546,218.90 raised funds

Less: The cumulative amount used in fundraising projects is 144,136,855.21

Among them: 6,713,584.00 was replaced by self-raised funds in advance to raise funds

Funds for fundraising projects paid using the fundraising account 113,104,875.73

Liquidity replenished using the raised account 24,318,395.48

Less: Replacement of 2,445,791.92 with self-raised prepaid issuance costs

Less: Other issuance expenses paid 481,353.70

Plus: Net income and interest income from wealth management products raised after deducting handling fees 3,868,371.85

The balance of funds raised as of December 31, 2024 was 63,350,589.92

Second, the management of raised funds

(1) Funds raised from initial public offerings

According to the "Regulatory Guidelines for Listed Companies No. 2 - Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies", Shanghai Securities

The Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Stock Exchange and other relevant laws, regulations and normative documents and the Articles of Association of the Company, combined with the actual situation of the Company, were deliberated and approved by the Second Extraordinary General Meeting of Shareholders in 2023, and the Company revised the System for the Management and Use of Raised Funds. In accordance with the provisions of the "Management and Use System of Raised Funds", the company adopts a special account storage system for the raised funds, and strictly performs the approval procedures for the use of the raised funds, so as to supervise the management and use of the raised funds and ensure that the special funds are used exclusively.

On July 16, 2019, the company and the sponsor Shenwan Hongyuan Securities underwrote and sponsored the sponsor Co., Ltd. and the special account storage fundraising

The commercial bank of the funds has signed a three-party (four-party) supervision agreement for the storage of the raised funds (hereinafter referred to as the "IPO supervision agreement").

The IPO Regulatory Agreement sets out the responsibilities and obligations of the company (and its subsidiaries), the sponsor and the depositary bank

There is no material difference between the detailed agreement and the Tripartite Supervision Agreement on the Storage of Raised Funds in Special Accounts (Template) of the Shanghai Stock Exchange.

After the raised funds are received, all of them have been deposited in the special account for raised funds, and the company has strictly complied with the initial public offering regulatory agreement when using the raised funds.

The storage of the company's raised funds in the opening bank is as follows:

Unit: RMB

Bank name, special account number for raising funds, balance

China Merchants Bank Shanghai Tianshan Sub-branch (Note 4) 121908362710905 has been deregistered

Ping An Bank Shanghai Pilot Free Trade Zone Branch (Note 1) 15842191613100 has been deregistered

15663715975369 Logged out

31050161373609588888 Logged out

CCB Shanghai Jinqiao Sub-branch (Note 2) 31050161373609577777 has been deregistered

31050161373609566666 Logged out

China CITIC Bank Shanghai Wuniucheng Sub-branch (Note 3) 8110201013401034448 has been deregistered

0.00 total

Note 1: The account number 15842191613100 and 15663715975369 of the dedicated account for raising funds have been completed in February 2022

Pin.

Note 2: The account number of the special fundraising account is 31050161373609566666, 31050161373609577777 and

31050161373609588888 deregistration was completed in August 2023.

Note 3: The account number 8110201013401034448 of the special account for raising funds has been cancelled in May 2024.

Note 4: The account number 121908362710905 of the special account for raising funds has been cancelled in June 2024.

(2) Raising funds by issuing shares to specific targets through simplified procedures

According to the "Regulatory Guidelines for Listed Companies No. 2 - Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies", Shanghai Securities

The Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Exchange" and other relevant laws, regulations and normative documents and the provisions of the Articles of Association, combined with the actual situation of the Company, were deliberated and approved by the Second Extraordinary General Meeting of Shareholders in 2023, and the Company revised the "Management and Use System of Raised Funds". In accordance with the provisions of the "Management and Use System of Raised Funds", the company adopts a special account storage system for the raised funds, and strictly performs the approval procedures for the use of the raised funds, so as to supervise the management and use of the raised funds and ensure that the special funds are used exclusively.

On March 31, 2023, the company and the sponsor Shenwan Hongyuan Securities underwrote and sponsored the sponsor Co., Ltd. and the special account storage fundraising

The commercial bank of the funds has signed a three-party (four-party) supervision agreement for the storage of raised funds in a special account (hereinafter referred to as the "supervision agreement for the issuance of simplified procedures").

The relevant responsibilities and obligations of the company (and its subsidiaries), the sponsor and the depositary bank are carried out by the simplified procedure for the issuance of regulatory agreements

There is no material difference with the Tripartite Supervision Agreement on the Storage of Raised Funds in Special Accounts (Template) of the Shanghai Stock Exchange.

After the raised funds are received, all of them have been deposited in the special account for the raised funds, and the company has strictly complied with the simplified procedure issuance supervision agreement when using the raised funds.

The storage of the company's raised funds in the opening bank is as follows:

Unit: RMB

Bank name, special account number for raising funds, balance

China Merchants Bank Shanghai Tianshan Branch 121908362710555 13,981.66

China CITIC Bank Shanghai North Bund Sub-branch 8110201013601607827 19,759,988.18

Bank of Ningbo Shanghai Zhangjiang Branch 70120122000553395 6,469,852.74

China Merchants Bank Shanghai Tianshan Branch 121928700910655 37,106,767.34

Total 63,350,589.92

3. The actual use of the funds raised in the current year

(1) The use of funds for investment projects (hereinafter referred to as "fundraising projects").

The comparison table of the actual use of the company's raised funds in 2024 is detailed in the "Comparison Table of the Use of Raised Funds - For the First Time" in this report

Funds raised through public offerings" (see Appendix 1-1) and "Comparison Table of the Use of Proceeds - Raising Funds by Issuing Shares to Specific Targets by Simplified Procedure" (Appendix 1-2).

(2) Advance investment and replacement of fund-raising projects

During the reporting period, the company did not have the situation of early investment and replacement of fund-raising projects.

(iii) Temporary replenishment of liquidity with idle raised funds

During the reporting period, the company did not use idle raised funds to temporarily replenish liquidity.

(4) Cash management of idle raised funds and investment in related products

In order to improve the efficiency of the use of the raised funds, the company will purchase some of the temporarily idle raised funds to purchase investment products (including but not limited to structured deposits, time deposits, large-amount certificates of deposit, etc.) with high security, good liquidity and guaranteed principal of the issuer.

On April 10, 2023, the 24th meeting of the second board of directors and the 21st meeting of the second board of supervisors of the company were reviewed

The "Proposal on the Use of Part of the Temporarily Idle Raised Funds for Cash Management" was passed, and it was agreed that the Company should use part of the temporarily idle raised funds with a quota of no more than RMB 380 million (inclusive) for cash management, and the use period shall be within 12 months from the date of deliberation and approval by the Board of Directors of the Company, during which the funds can be used on a rolling basis.

On April 15, 2024, the 9th meeting of the 3rd Board of Directors and the 9th meeting of the 3rd Board of Supervisors of the Company were deliberated and approved

The "Proposal on the Use of Part of the Temporarily Idle Raised Funds for Cash Management" agrees that the Company shall use part of the temporarily idle raised funds with a quota of no more than RMB 20,000 (inclusive) for cash management, and the use period shall be within 12 months from the date of deliberation and approval by the Board of Directors of the Company, and the funds can be used on a rolling basis within the above amount and period.

As of December 31, 2024, the wealth management products purchased by the company with idle raised funds have expired

The principal and proceeds have been returned to the Company's fundraising account.

(5) The use of over-raised funds to permanently replenish working capital or repay bank loans

During the reporting period, the company did not use over-raised funds to permanently replenish liquidity or repay bank loans.

(6) The over-raised funds are used for projects under construction and new projects (including the acquisition of assets, etc.).

During the reporting period, the company did not change the over-raised funds for projects under construction and new projects (including the acquisition of assets, etc.).

(vii) Use of surplus funds raised

1. Initial public offering to raise funds

On April 26, 2024, the 10th meeting of the 3rd Board of Directors and the 10th meeting of the 3rd Board of Supervisors of the Company were deliberated and approved

"Proposal on the Completion of Part of the Initial Public Offering of Shares and the Permanent Replenishment of Liquidity with the Surplus Raised Funds", it was agreed that the company would complete the fund-raising project "Anji Microelectronics Technology (Shanghai) Co., Ltd. R&D Center Expansion and Upgrading Project" and save money

The remaining proceeds of RMB30,262,934.76 will be used to permanently replenish liquidity. The Company cancelled the investment in May 2024

The special account for raising funds for the project (account number: 8110201013401034448).

In June 2024, the company "Anji Microelectronics Technology (Shanghai) Co., Ltd. CMP Polishing Slurry Production Line Expansion Project"

The construction has been completed and reached the usable state, and the project has been completed. The bank interest of RMB 418.05 of China Merchants Bank Shanghai Tianshan Branch (account number: 121908362710905), which deposited the special account for raising funds for the project, was transferred to the company's own fund account for management. Company in

In June 2024, the special account for raising funds (account number: 121908362710905) of the fundraising project was cancelled.

(8) Other circumstances regarding the use of raised funds

On March 4, 2025, the 16th meeting of the third board of directors and the 16th meeting of the third board of supervisors of the company were deliberated and approved

The "Proposal on the Postponement of Part of the Fundraising and Investment Projects" agreed to extend the construction period of the fundraising project "Ningbo Anji Chemical Machinery Polishing Slurry Construction Project" to March 2026.

4. Change the use of funds for fundraising projects

(1) Change the investment project of the raised funds

During the reporting period, there was no change in the company's raised funds investment projects.

(2) The transfer or replacement of the investment project with the raised funds

During the reporting period, there was no external transfer or replacement of the company's raised funds investment projects.

Schedule 1-1:

Comparison Table of the Use of Proceeds - Initial Public Offering Proceeds

Unit: RMB

Total Funds Raised 474,891,901.80 The total amount of funds invested and raised during the year was 65,412,318.72

The total amount of funds raised for change of use 0.00 The total amount of funds raised has been invested cumulatively

Percentage of total proceeds repurposed 0.00% 498,268,867.89

Changed Items Raised Funds as of the end of the period Cumulative investment as of the end of the period The investment project as of the end of the period has reached the actual level of the current year Whether the project is feasible

Committed investment projects, including the total amount of committed investment Adjusted committed investment amount (1) The amount of investment and the progress of committed investment as of the end of the current year (%) The expected benefits to be realized are expected to be developed

Change in points (Note 1) Total investment (Note 2) Amount invested Cumulative amount invested (2) Difference in amount invested (3) (4) = (2)/(1) Status of use (Note 3) Significant benefits

(if any) = (2)-(1) date change

Anji Microelectronics Technology (Shanghai) Co., Ltd. No 120,000,000.00 120,000,000.00 120,000,000.00 - 128,074,333.04 8,074,333.04 106.73 2024 4,430.16 Not applicable No

CMP Polishing Slurry Line Expansion Project Tons

Anji Integrated Circuit Materials Base Project No 94,100,000.00 94,100,000.00 94,100,000.00 - 92,943,860.71 -1,156,139.29 98.77 2021 2,671.70 Not applicable No

ton

Anji Microelectronics Integrated Circuit Materials R&D Center No 69,000,000.00 69,000,000.00 69,000,000.00 - 64,066,767.32 -4,933,232.68 92.85 2023 N/A N/A No

set up the project

Anji Microelectronics Technology (Shanghai) Co., Ltd. No 20,000,000.00 20,000,000.00 20,000,000.00 - 19,977,651.00 -22,349.00 99.89 2023 N/A N/A No

Information system upgrade project

Savings permanently replenish liquidity No 418.05 8,431,494.80 8,431,494.80 N/A N/A N/A N/A No

Over-raised funds are invested into:

Anji Microelectronics Technology (Shanghai) Co., Ltd. No 130,000,000.00 130,000,000.00 130,000,000.00 35,148,965.91 106,083,277.49 -23,916,722.51 81.60 2024 N/A N/A No

R&D center expansion and upgrading project

Permanent replenishment of liquidity No 48,428,548.77 48,428,548.77 48,428,548.77 - 48,428,548.77 - 100.00 Not applicable Not applicable Not applicable No

Savings permanently replenish liquidity No 30,262,934.76 30,262,934.76 30,262,934.76 Not applicable Not applicable No

Total 481,528,548.77 481,528,548.77 481,528,548.77 65,412,318.72 498,268,867.89 16,740,319.12 - - - - -

Reasons for not meeting the planned schedule (for specific fundraising projects) are not applicable

Explanation of significant changes in project feasibility Not applicable

Advance investment and replacement of raised funds investment projects In 2024, the company does not have this situation

Temporary replenishment of liquidity with idle raised funds In 2024, the company did not have such a situation

On April 10, 2023, the 24th meeting of the second board of directors and the 21st meeting of the second board of supervisors of the company deliberated and approved the "On the Temporary Idleness of the Use Part

Proposal on Raising Funds for Cash Management", agreeing that the company will use part of the temporarily idle raised funds with a quota of no more than RMB 380 million (inclusive) for cash

management, the period of use is 12 months from the date of approval by the board of directors of the company, and the funds can be used on a rolling basis within the above amount and period.

Cash management of idle raised funds and investment in related products

On April 15, 2024, the company, the ninth meeting of the third board of directors and the ninth meeting of the third board of supervisors deliberated and approved the "On the Use of Part of the Temporary Idle Fundraising".

The board of directors agreed that the company should use part of the temporarily idle raised funds with a quota of no more than RMB 20,000 (including this amount) for cash

The period of use of the fund is 12 months from the date of approval by the board of directors of the company, and the funds can be used on a rolling basis within the above amount and period.

Permanent replenishment of liquidity or repayment of bank loans with over-raised funds In 2024, the company did not have such a situation.

On April 26, 2024, the 10th meeting of the 3rd Board of Directors and the 10th meeting of the 3rd Board of Supervisors of the Company deliberated and approved the "Partial Offering of Initial Public Offerings of Shares

The project will be completed and the surplus raised funds will be permanently replenished to supplement the working capital", and it was agreed that the company will raise the investment project "Anji Microelectronics Technology (Shanghai) Co., Ltd. is under development

Heart Expansion and Upgrading Project", and the surplus raised funds of RMB 30,262,934.76 will be used to permanently replenish liquidity. The Company cancelled the offering in May 2024

Special account for raising funds for investment projects (account number: 8110201013401034448).

The amount of the balance of the funds raised and the reasons for its formation

In June 2024, the company's "Anji Microelectronics Technology (Shanghai) Co., Ltd. CMP Polishing Slurry Production Line Expansion Project" has been completed and reached a usable state

Closure. The bank interest of RMB 418.05 of China Merchants Bank Shanghai Tianshan Branch (account number: 121908362710905), which deposited the raised funds of the project, was transferred to the company

Own fund account for management. In June 2024, the company cancelled the special account for raising funds (account number: 121908362710905) of the fundraising project.

Other uses of raised funds None

Note 1: The reason why the committed investment amount of the raised funds is greater than the actual net amount of raised funds is that the amount of over-raised funds used to permanently replenish working capital includes the interest income of over-raised funds and the income of wealth management products, as well as the amount of funds raised by the Anji Integrated Circuit Materials Base Project to permanently replenish working capital, including the interest on raised funds

Revenue.

Note 2: Since the company has not committed the amount of investment as of the end of the period, the total amount of committed investment of the raised funds is filled in here.

Note 3: During the reporting period, the output of functional wet electronic chemicals in the Anji Integrated Circuit Materials Base project was 2,671.70 tons, and the output of CMP polishing slurry in the CMP polishing slurry production line expansion project of Anji Microelectronics Technology (Shanghai) Co., Ltd. was 4,430.16 tons, and the above data were unaudited.

Schedule 1-2:

Comparison Table of the Use of Raised Funds - Raising funds by issuing shares to specific targets through simplified procedures

Unit: RMB

Total funds raised 203,619,073.28 The total amount of funds raised during the year was 73,039,844.67

The total amount of funds raised for change of use 0.00 The total amount of funds raised has been invested cumulatively

Proportion of total proceeds from change of use 0.00% 144,136,855.21

Changed Items As of the end of the period Cumulative investment as of the end of the period Investment as of the end of the period Whether the project has reached the current year Whether the project is feasible

Purpose, including the Department of Raised Funds adjusted for the current year as of the end of the period scheduled availability whether issued

Committed Investment Projects Divided into Changes Total Committed Investment Total Investment Committed Investment Amount (1) Invested Amount Cumulative Investment Amount and Committed Investment Amount Progress (%) Achieved with Status Achieved to Expected Significant

(if any) (Note 1) (2) Difference (3) = (2) - (1) (4) = (2) / (1) Date Benefit Benefit Change

Ningbo Anji Chemical Machinery Polishing Slurry Construction Project No 119,500,000.00 119,500,000.00 119,500,000.00 50,929,730.57 84,938,300.73 -34,561,699.27 71.08 2026 N/A N/A No

Anji Technology Shanghai Jinqiao Production Line Automation Project No 45,000,000.00 45,000,000.00 45,000,000.00 18,669,968.13 26,323,657.41 -18,676,342.59 58.50 2026 N/A N/A No

Analysis and testing of Anji Technology's Shanghai Jinqiao production base No 15,000,000.00 15,000,000.00 15,000,000.00 3,440,145.97 8,556,501.59 -6,443,498.41 57.04 2026 Not applicable Not applicable No

Capacity Enhancement Programs

Replenishment of liquidity No 27,636,218.90 24,119,073.28 24,119,073.28 - 24,318,395.48 199,322.20 100.83 Not applicable Not applicable Not applicable No

Total 207,136,218.90 203,619,073.28 203,619,073.28 73,039,844.67 144,136,855.21 -59,482,218.07 - - -

On March 4, 2025, the 16th meeting of the 3rd board of directors and the 16th meeting of the 3rd board of supervisors of the company deliberated and passed the "Proposal on the Extension of Some Fundraising and Investment Projects" and agreed

Extend the construction period of the fundraising project "Ningbo Anji Chemical Machinery Polishing Slurry Construction Project" to March 2026.

"Ningbo Anji Chemical Machinery Polishing Slurry Construction Project" is based on the existing business and core technology platform, and the company plans to use the existing plant at No. 79, Qingshan Road, Chaiqiao Street, Beilun District, Ningbo City.

Build a chemical mechanical polishing slurry production line to strengthen and guarantee the company's chemical mechanical polishing slurry product supply capacity. The main body of this project is Ningbo Anji Microelectronics Co., Ltd., a wholly-owned subsidiary of the company

Technology Co., Ltd. plans to invest 119.50 million yuan for the construction of the production system of chemical mechanical polishing slurry and the corresponding factory system, including investment in the construction of clean rooms and the purchase of advanced production equipment

Reasons for not reaching the planned schedule (divided into specific fund-raising projects) Prepare and supporting instruments, and introduce air conditioning, pure water, drainage, gas, electricity, warehousing decoration and automation supporting systems supporting the production system. The company's capacity construction projects are designed and implemented

It usually takes two to three years for construction bidding and construction preparation, civil engineering and supporting construction, equipment procurement, installation and commissioning until completion acceptance and delivery.

The funds raised for this project will be in place at the end of March 2023, and the original planned construction period is 24 months. Since the receipt of funds, the company has actively promoted the implementation of fundraising projects until 20252

On the 28th, the project has completed the construction of part of the chemical mechanical polishing slurry production system and factory system, and the investment progress of the raised funds has reached 75.52%. Establish supporting factory operations for systematization

system, improve the compatibility and scalability of the factory system, in order to better meet the company's future development needs, part of the production system supporting the construction of the factory system has been delayed compared with the original plan,

As a result, the installation, commissioning and acceptance of some production systems in this project have been delayed. In order to strictly control the quality and efficiency of the implementation of the fundraising and investment project, after careful research by the company, it is planned to carry out the fundraising and investment project

The date of reaching the intended usable status will be extended to March 2026 accordingly.

Explanation of significant changes in project feasibility Not applicable

Advance investment and replacement of raised funds investment projects In 2024, the company does not have this situation

Temporary replenishment of liquidity with idle raised funds In 2024, the company did not have such a situation

On April 10, 2023, the 24th meeting of the second board of directors and the 21st meeting of the second board of supervisors of the company deliberated and approved the "On the Use of Part of the Temporarily Idle Fundraising

Proposal on Raising Funds for Cash Management", agreeing that the company will use part of the temporarily idle raised funds with a quota of no more than RMB 380 million (inclusive) for cash management

The period of use is within 12 months from the date of approval by the board of directors of the company, and the funds can be used on a rolling basis within the above amount and period.

Cash management of idle raised funds and investment in related products

On April 15, 2024, the ninth meeting of the third board of directors and the ninth meeting of the third board of supervisors of the company deliberated and approved the "On the Use of Part of the Temporarily Idle Raised Funds for Cash

The board of directors agreed that the company should use part of the temporarily idle raised funds with a quota of no more than RMB 20,000 (including this amount) for cash management, and the use period will be from the time limit

Within 12 months from the date of approval by the board of directors of the company, the funds can be used on a rolling basis within the above amount and period.

Permanent replenishment of liquidity or repayment of bank loans with over-raised funds In 2024, the company did not have such a situation.

The amount of the balance of the raised funds and the reason for its formation In 2024, the company does not have such a situation.

Other uses of raised funds None

Note 1: Since the company has not committed the amount of investment as of the end of the period, the total amount of committed investment of raised funds is filled in here. The reason why the actual amount of raised funds in the current year is greater than the total amount of committed investment is that the amount of raised funds used to supplement working capital includes interest income.