Securities Code: 688475 Securities Abbreviations: Fluorite Network Announcement Number: 2023-016

Hangzhou Fluorite Network Co., Ltd.

Special report on the deposit and actual use of raised funds in 2022

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents in accordance with the law.

The board of directors of Hangzhou fluorite network co., ltd. (hereinafter referred to as "fluorite network" or "the company") has compiled a special report on the deposit and actual use of raised funds in 2022 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" and other relevant regulations, the contents are as follows:

Basic Information on Funds Raised by 1.

(I) the actual amount of funds raised and the time when the funds arrived.

With the approval of the China Securities Regulatory Commission on the first public disclosure of Hangzhou Fluorite Network Co., Ltd.

Approval of the Registration of Issued Shares (CSRC License [2022] No. 2840) approved, Fluorite Network December 28, 2022

On the same day, the Shanghai Stock Exchange publicly issued 112,500,000 RMB ordinary shares (A shares) at an issue price of RMB 28.77 per share. The share price is RMB 3,236,625,000.00. After deducting the sponsorship and underwriting fees totaling RMB 89,149,764.15, the company actually received the above-mentioned A shares. After deducting other issuance expenses paid by the company, the actual net amount of raised funds is RMB 3,121,365,252.83 (excluding the input value-added tax related to issuance expenses). The above raised capital

Jin was fully received on December 22, 2022 and was approved by Deloitte Touche Tohmatsu (Special General Partnership)

Verify and issue the capital verification report (22) No. 00614.

Use and balance of (II) raised funds

As of December 31, 2022, the Company had not yet used the proceeds and actually received the proceeds.

Funds RMB 3,147,475,235.85, with a balance of RMB as of December 31, 2022

The difference of 3,147,474,425.85 yuan is the bank fee paid.

Deposit and management of 2. raised funds

Management System of (I) Raised Funds

In order to further regulate the management and use of raised funds, improve the efficiency of the use of raised funds, and protect the rights and interests of investors, the company complies with the "the People's Republic of China Company Law", "the People's Republic of China Securities Law" and "Guidelines for the Supervision of Listed Companies No. 2-Management of Funds Raised by Listed Companies The provisions and requirements of the" Regulatory Requirements for the Use ", combined with the actual situation of the company, the" Management System for Raised Funds of Hangzhou Fluorite Network Co., Ltd. "(hereinafter referred to as the" Management System for Raised Funds ") has been formulated, and specific and clear regulations have been made on the storage, use, management and supervision of raised funds, and in strict accordance with the" Raised Funds Management System "The provisions of the management and use of raised funds.

Tripartite Supervision of (II) Raised Funds

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 (Revised in 2022)" issued by the China Securities Regulatory Commission, and the "Guidelines for the Self-Regulation of Listed Companies on the Shanghai Stock Exchange Science and Technology Innovation Board" issued by the Shanghai Stock Exchange No. 1-Standardized Operation

The collection of funds adopted a special account storage management, opened a special fund-raising account, and on December 22, 2022.

The sponsor, China International Capital Corporation Limited, Hangzhou Xiaoshan Sub-branch of Huaxia Bank Co., Ltd. and Hangzhou Binjiang Sub-branch of China Construction Bank Co., Ltd., which deposited the raised funds, respectively signed the "Raised Funds"

On December 22, 2022, the Company and its wholly-owned subsidiary Hangzhou Fluorite

Software Co., Ltd. and the sponsor China International Finance Co., Ltd. and Hangzhou Bank Co., Ltd., where the raised funds were deposited, Baochu Sub-branch and Hangzhou Xixing Sub-branch of China Merchants Bank Co., Ltd. signed the "Raising" respectively.

On December 22, 2022, the Company and its wholly-owned subsidiaries were re-established.

Qingfluorite Electronics Co., Ltd. and the sponsor China International Finance Co., Ltd. and the Hangzhou Binjiang Sub-branch of China CITIC Bank Co., Ltd., which deposited the raised funds, signed the "Four-party Supervision Agreement on the Storage of Raised Funds in a Special Account"; the implementation of a special account for the storage of raised funds clarifies the rights and obligations of all parties.

There is no significant difference between the aforementioned agreement and the Shanghai Stock Exchange's "Tripartite Supervision Agreement on the Storage of Funds Raised in a Special Account (Model).

The Company and its subsidiaries deposit and use the proceeds in strict accordance with the provisions of the regulatory agreement.

Storage of (III) Funds Raised in Special Account

As of December 31, 2022, the company's fund-raising special account opening storage status and account balance.

as follows:

Unit: RMB

Account Name: Special Account for Raised Funds Opening Bank Account Deposit Initial Deposit Amount on December 31, 2022

Line method amount

Hangzhou Fluorite Network Stock China Construction Bank Stock 33050161812700003624 Current 3,147,475,235.85 3,147,474,425.85

Hangzhou Binjiang Sub-branch Co., Ltd.

Hangzhou Fluorite Network Stock Huaxia Bank Co., Ltd. Public 10457000000773890 Demand--

Hangzhou Xiaoshan Sub-branch of Company Limited

Hangzhou fluorite software has Hangzhou bank co., ltd. 3301040160022147170 demand--

Limited Company Division Baochu Sub-branch

Hangzhou fluorite software has China merchants bank co., ltd. 571915198010101 demand--

Hangzhou Xixing Sub-branch of Limited Company

Chongqing Fluorite Electronics has a current 8110801011402561985 of CITIC Bank Co., Ltd--

Hangzhou Binjiang Sub-branch of Limited Company

Total 3,147,475,235.85 3,147,474,425.85

Actual Use of Funds Raised in 3. 2022

Use of funds for (I) fund-raising investment projects (hereinafter referred to as "fund-raising projects")

As of December 31, 2022, the Company had not used the proceeds.

Pre-investment and replacement of (II) fund-raising projects

As of December 31, 2022, the Company has not yet exchanged funds raised in advance.

Purpose Self-financing.

(III) use idle raised funds to temporarily supplement working capital

As of December 31, 2022, the Company did not temporarily replenish its liquidity with idle proceeds.

The situation of funds.

(IV) cash management of idle raised funds and investment in related products.

As of December 31, 2022, the Company did not have any cash management of idle proceeds,

The situation of investment products.

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

As of December 31, 2022, the Company did not permanently replenish its liquidity with over-raised funds.

or repayment of bank loans.

(VI) over-raised funds for projects under construction and new projects

As of December 31, 2022, the Company did not use over-raised funds for projects under construction and new

The situation of the project.

Use of proceeds from (VII) savings

As of December 31, 2022, the Company did not use the surplus funds from the raised projects for other purposes.

The situation of fund-raising projects or non-fund-raising projects.

Other circumstances (VIII) the use of proceeds

As of December 31, 2022, there were no other circumstances in which the Company used the proceeds.

4. changes the use of funds for fund-raising investment projects.

As of December 31, 2022, the Company did not change the investment projects of the raised funds.

Problems in the Use and Disclosure of 5. Raised Funds

The company has been 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" and the "Guidelines for the Self-Regulation of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1-Standardized Operation" The provisions of relevant laws and regulations disclose the storage and actual use of the company's raised funds in a timely, true, accurate and complete manner, and there is no violation of the management of raised funds.

Concluding opinion of the 6. accounting firm on the verification report issued by the company's annual fund-raising deposit and use.

Deloitte Touche Tohmatsu (Special General Partnership) believes that the company's report on the deposit and actual use of raised funds has been compiled in accordance with the provisions of the China Securities Regulatory Commission's "Guidelines for the Supervision of Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies (Revised in 2022)" and "Guidelines for the Self-Regulation of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1-Standardized Operation".

The surface truly reflects the storage and actual use of the funds raised by the fluorite network as of December 31, 2022.

situation.

Concluding Opinions of the 7. Sponsor on the Special Verification Report on the Deposit and Use of the Company's Annual Proceeds

After verification, this sponsor believes that: the storage and use of funds raised by fluorite network in 2022

In line with the Measures for the Administration of Securities Issuance and Listing Sponsorship Business, the Rules Governing the Listing of Stocks on the Science and Technology Board of the Shanghai Stock Exchange, the Regulatory Guidelines for Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies, and the Shanghai Securities Exchange.Guidelines on Self-Regulation of Listed Companies on the Board of Science and Technology of the Exchange No. 1-Standardized Operation and other relevant provisions.

The company's fund-raising management system has carried out a special account for the storage and use of the raised funds, and fulfilled the relevant information disclosure obligations in a timely manner. The specific use of the raised funds is consistent with the company's disclosure. As of December 31, 2022, the company did not change the use of the raised funds in a disguised form. And damage to the interests of shareholders, there is no illegal use of raised funds.

In summary, the sponsor has no objection to the storage and use of the funds raised by the fluorite network in 2022.

8. Internet Announcement Attachment

A special verification report issued by the (I) sponsor on the deposit and use of the annual raised funds of the listed company;

The verification report issued by the (II) accounting firm on the deposit and use of the annual raised funds of the listed company.

It is hereby announced.

Hangzhou Fluorite Network Co., Ltd.

Board of Directors

April 15, 2023

Schedule:

Comparison table of the use of raised funds.

Prepared by: Hangzhou fluorite network co., ltd. unit: yuan

Net 3,121,365,252.83 of Funds Raised 0.00 of Total Funds Raised for the Year

Total amount of funds raised for change of use-total amount of funds raised accumulated 0.00

Proportion of total proceeds for change of use-

Commitment investment has changed to raise funds commitment investment adjusted total investment as of the end of the year commitment investment as of the end of the year cumulative investment as of the end of the year project as of the end of the year whether the project has reached the project

The total amount of project changes (1) the cumulative amount at the end of the investment and the promised investment amount are scheduled to make the realized to the expected feasibility.

(3)=(2)-(1) (%)(4) the daily benefit of the state is

Included amount (2) = Period No Issue

Sub-change (2)/(1) Weight

Greater change

(Ruhua

Yes)

Fluorite intelligence

Manufacturing Chongqing No 2,209,201,000.00 2,209,201,000.00 2,209,201,000.00-2,209,201,000.00 - 2024 n/a n/a n/a n/a n/a n/a

Base project

New generation

Networked Cloud Ping No 800,502,800.00 800,502,800.00 800,502,800.00-800,502,800.00-2025N/A No.

Taiwan project

Smart Home

Core Key No 390,750,600.00 390,750,600.00 390,750,600.00 --- 390,750,600.00-2025N/A N/A No.

Technology research and development

Project

Fluorite intelligence

Home Products No 338,054,600.00 338,054,600.00 338,054,600.00-338,054,600.00-2024 N/A N/A No

Industrialization base

Land project

Total 3,738,509,000.00 3,738,509,000.00 3,738,509,000.00-3,738,509,000.00- - -

The reasons for not meeting the planned schedule (by specific fundraising projects) are not applicable.

Description of circumstances with significant changes in project feasibility Not applicable

The advance investment and replacement of fund-raising investment projects are not applicable.

Temporary replenishment of working capital with idle raised funds does not apply.

Cash management of idle proceeds, investment-related products do not apply

The use of over-raised funds to permanently replenish liquidity or repay bank loans does not apply.

The amount of the fund-raising balance and the reason for its formation are not applicable.

Other use of proceeds not applicable

Note: "Adjusted total investment" and "committed investment amount as of the end of the period" are the investment plans of the raised funds at the end of the reporting period. On January 3, 2023, the 17th meeting of the first board of directors of the company and the first

At the seventh meeting of the Board of Supervisors, the "Proposal on Adjusting the Amount of Funds to be Invested in Fundraising Projects" was reviewed and approved, and the company agreed to plan to invest in projects with raised funds based on the actual net amount of funds raised and combined with the actual situation.

The amount of funds raised is adjusted. For details, please refer to the "Hangzhou Fluorite Network Co., Ltd. on the adjustment of fund-raising projects to be invested in fund-raising" published by the company on the website of Shanghai Stock Exchange on January 5, 2023.

Announcement of the amount of funds collected (Announcement No. 2023-003).