Yubang New Materials: Special report on the storage and use of raised funds in the first half of 2026
Securities code: 301266 Securities abbreviation: Yubang New Materials Announcement number: 2026-051 Bond code: 123224 Bond abbreviation: Yubang Convertible Bonds
Suzhou Yubang New Materials Co., Ltd.
Special report on the storage, management and use of raised funds in the first half of 2026
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and there are no false records, misleading statements or major omissions.
In accordance with the relevant provisions of the China Securities Regulatory Commission's "Supervisory Rules for Listed Companies Raising Funds", "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 - Standardized Operations of GEM Listed Companies" and "Shenzhen Stock Exchange GEM Listed Companies Self-Regulatory Guidelines No. 2 - Announcement Format", the board of directors of Suzhou Yubang New Materials Co., Ltd. (hereinafter referred to as the "Company") has prepared the "Special Report on the Deposit, Management and Use of Raised Funds in the Half-Year 2026", the specific contents are as follows:
1. Basic situation of raised funds
(1) Initial public offering of stocks in 2022
- Actual amount of funds raised and time of fund arrival
With the approval of the China Securities Regulatory Commission's "Reply on Approval of the Registration for the Initial Public Offering of Suzhou Yubang New Materials Co., Ltd." (CSRC License [2022] No. 563), the company's initial public offering of 26,000,000 RMB ordinary shares (A shares) was issued at an issue price of RMB 26.86 per share, and the total amount raised was RMB 698,360,000.00. After deducting relevant issuance expenses (excluding value-added tax), the actual net amount of funds raised was RMB 611,988,162.81. Gongzheng Tianye Accounting Firm (Special General Partnership) has verified the availability of raised funds on June 1, 2022, and issued a "Capital Verification Report" "Su Gong W [2022] B061".
- Use and balance of raised funds
During the reporting period, the company used raised funds for investment projects of 19,613,440.80 yuan, and received a net amount of 144,140.03 yuan in income from bank principal-guaranteed financial products, bank deposit interest deducted bank fees, etc.
Yuan. As of June 30, 2026, the balance of raised funds was RMB 0.00. The specific usage is as follows:
Unit: RMB
Item Amount
Balance on December 31, 2025 469,300.77 Less: Amount invested in the fundraising project during the reporting period 19,613,440.80 Less: Purchase of financial products - Plus: Recovery of financial products 19,000,000.00 Plus: Interest income and financial income minus handling fees 144,140.03 Balance on June 30, 2026 0.00
(2) Issuance of convertible corporate bonds to unspecified objects in 2023
- Actual amount of funds raised and time of fund arrival
With the approval of the China Securities Regulatory Commission's "Reply on the Registration of Suzhou Yubang New Materials Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Objects" (CSRC Permit [2023] No. 1891), the company issued 5 million convertible corporate bonds to unspecified objects, with a face value of RMB 100 each, and a total face value of 500,000,000.00 After deducting underwriting, sponsor fees and other issuance expenses totaling RMB 4,911,103.77 (excluding value-added tax), the company's actual net raised funds was RMB 495,088,896.23. Gongzheng Tianye Accounting Firm (Special General Partnership) has verified the availability of the raised funds on September 25, 2023, and issued the "Capital Verification Report No. Su Gong W [2023] B082".
- Use and balance of raised funds
During the reporting period, the company used raised funds for investment projects of RMB 18,270,215.15, and received a net amount of RMB 1,373,101.54 from bank principal-guaranteed financial product income and bank deposit interest minus bank fees. As of June 30, 2026, the balance of raised funds was RMB 187,432,964.66. The specific usage is as follows:
Unit: RMB
Item Amount
Balance as of December 31, 2025 204,330,078.27 Less: Amount invested in the investment project during the reporting period 18,270,215.15 Less: Purchase of financial products 1,155,000,000.00 Plus: Recovery of financial products 1,155,000,000.00 Plus: Interest income and financial management income minus handling fees 1,373,101.54 Balance as of June 30, 2026 187,432,964.66
2. Storage and management of raised funds
(1) Management of raised funds
In order to standardize the management and use of raised funds and protect the legitimate rights and interests of investors, the company has formulated a "Management System for the Use of Raised Funds" in accordance with the "Supervisory Rules for Raised Funds of Listed Companies" and other relevant laws and regulations and combined with the company's actual situation, and implements a special account for depositing raised funds.
The company signed the "Tripartite Supervision Agreement on Raised Funds" with the sponsor institution and the bank where the special account is opened. There are no major differences between the "Tripartite Supervision Agreement on Raised Funds" and the Shenzhen Stock Exchange Tripartite Supervision Agreement Template, and the Company has strictly complied with it when using the raised funds.
(2) Deposit status of raised funds
- Initial public offering of stocks in 2022
As of June 30, 2026, the storage status of the company's raised funds in the raised funds account is listed in the following table:
Unit: RMB Item name Account name Bank name Bank account number Account status Ending balance
Industrial and Commercial Bank of China Co., Ltd.
Super-funded project company 1102261719021090102 Canceled -
Suzhou Wuzhong Economic Development Zone Branch
Annual output of photovoltaic welding ribbons Agricultural Bank of China Co., Ltd.
Company 10538201040187515 Canceled - 13,500 tons construction project Suzhou Wuzhong Sub-branch
Production base automatic production line China Everbright Bank Co., Ltd.
Company 37060188000267009 Canceled - Chemical transformation project Suzhou Branch Wuzhong Sub-branch
China Everbright Bank Co., Ltd.
Supplementary working capital project Company 37060188000267941 Canceled -
Suzhou Branch Wuzhong Sub-branch
Annual output of photovoltaic welding ribbons China CITIC Bank Co., Ltd. Suzhou
Company 8112001012900656331 Canceled - 13,500 tons construction project Branch Wuzhong Sub-branch
Zheshang Bank Co., Ltd. Suzhou 3050020020120100084
Supplementary working capital project Company has been canceled - High-tech Industrial Development Zone Branch 433
Bank of Ningbo Co., Ltd. Suzhou
R&D center construction project Company 75250122000364009 Canceled -
Industrial Park Branch
Total —— —— —— 0.00
- Issuance of convertible corporate bonds to unspecified objects in 2023
As of June 30, 2026, the storage status of the company's raised funds in the raised funds account is listed in the following table:
Unit: RMB Project name Account name Bank name Bank account number Account status Closing balance Annual output of photovoltaic welding ribbons CITIC Bank Co., Ltd. Suzhou
Company 8112001012200761232 Normal use 181,910,205.22 20,000 tons production project Branch Wuzhong Sub-branch
China CITIC Bank Co., Ltd. Suzhou
Supplementary working capital project Company 8112001012700761230 Canceled - Branch Wuzhong Sub-branch
China Merchants Bank Co., Ltd. Suzhou
Supplementary working capital project Company 512905321410218 Canceled -
Industrial Park Branch
Annual output of photovoltaic welding ribbons Anhui Sub-CITIC Bank Co., Ltd. Suzhou
8112001012700761365 Normal use 5,522,759.44 20,000 tons production project Company Branch Wuzhong Sub-branch
Total —— —— —— 187,432,964.66
3. Actual use of funds raised during the reporting period
(1) Comparison table of usage of raised funds
Please see the attachment to this report for a comparison table on the use of raised funds.
(2) Changes in implementation locations and implementation methods of fundraising projects
During the reporting period, the company did not change the implementation location or implementation method of the investment projects with raised funds.
(3) Advance investment and replacement of fundraising projects
During the reporting period, the company did not make any advance investment or replacement in fundraising projects.
(4) Temporarily supplementing working capital with idle raised funds
During the reporting period, the company did not use idle raised funds to temporarily replenish working capital.
(5) Cash management using temporarily idle raised funds
- Initial public offering of stocks in 2022
In order to improve the efficiency of fund use, the company held the 15th meeting of the fourth board of directors and the 11th meeting of the fourth board of supervisors on March 11, 2025, and reviewed and approved the "Proposal on the Use of Super-raised Funds for Cash Management", agreeing that the company will use idle super-raised funds with an amount of no more than RMB 20 million to choose investment products that meet the requirements of high security, good liquidity, and a term of no more than twelve months, without affecting the company's normal production and operations and ensuring the safety of the super-raised funds. This quota can be used within 12 months from the date of approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the relevant amount reinvested in the income from the aforementioned investment) shall not exceed
RMB 20 million.
During the reporting period, in order to improve the efficiency of fund use, the company held the 27th meeting of the fourth board of directors on March 2, 2026, and reviewed and approved the "Proposal on the Use of Super-raised Funds for Cash Management", agreeing that the company would use idle super-raised funds with an amount of no more than RMB 20 million to choose investment products that meet the requirements of high security, good liquidity, and a term of no more than twelve months, without affecting the company's normal production and operations and ensuring the safety of the super-raised funds. This quota can be used within 12 months from the date of approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the amount related to reinvestment of the aforementioned investment income) does not exceed RMB 20 million.
In the first half of 2026, the company used idle raised funds to purchase financial products as follows:
Unit: RMB 10,000
Expected annualized Whether the contractor is a trustee Product name Amount Start date Maturity date Investment income yield Redemption ICBC-linked exchange rate range accumulation type
ICBC Suzhou Wuzhong
The company's legal person RMB structured deposit - special 1,900.00 2025/12/17 2026/6/22 1.5% 14.45 It is an economic development zone branch
Unit Type 2025 Phase 442 Type A
Total 1,900.00 / / / 14.45 /
- Issuance of convertible corporate bonds to unspecified objects in 2023
The company held the 21st meeting of the fourth board of directors and the 16th meeting of the fourth board of supervisors on October 17, 2025, and reviewed and approved the "Proposal on Using Part of Idle Raised Funds for Cash Management and Depositing Raised Funds in the Way of Agreed Deposits", and agreed that the company and its subsidiaries intend to use idle raised funds up to a maximum limit of 220 million yuan (inclusive) for cash management. The above limit will be effective from the date of review and approval by the board of directors. It is valid within 12 months and can be used on a rolling basis within the aforementioned quota and period. At the same time, the balance of the raised funds is planned to be deposited in an agreed manner.
In the first half of 2026, the company used idle raised funds to purchase financial products as follows:
Unit: RMB 10,000
Expected annualization Whether the contractor is a trustee Product name Amount Start date Maturity date Investment income yield Redemption
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
The company 19,000.00 2026/1/1 2026/1/30 1.95% 23.40 It is Wuzhong Sub-branch structured deposit A25300 period
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
Our company 1,000.00 2026/1/1 2026/1/9 1.85% 0.32 It is Wuzhong Branch Structured Deposit A25595
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
The Company 19,000.00 2026/2/1 2026/2/28 1.90% 21.08 Yes
Wuzhong Branch Structured Deposit A27520
Expected annualization Whether the contractor is a trustee Product name Amount Start date Maturity date Investment income yield Redemption
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
The Company 1,000.00 2026/2/1 2026/2/11 1.80% 0.38 It is Wuzhong Branch Structured Deposit A27524
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
Our company 1,000.00 2026/2/12 2026/2/26 1.90% 0.58 It is Wuzhong Branch Structured Deposit A29075
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
The Company 19,000.00 2026/3/1 2026/3/31 2.00% 24.99 It is Wuzhong Branch Structured Deposit A29587
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
Our company 19,000.00 2026/4/1 2026/4/30 1.95% 23.40 It is Wuzhong Branch Structured Deposit A31808
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
The Company 18,500.00 2026/5/1 2026/5/29 1.90% 21.29 It is Wuzhong Branch Structured Deposit A34266
China CITIC Bank Suzhou Branch Win-win Zhixin Exchange Rate Linked to RMB
Our company 18,000.00 2026/6/1 2026/6/30 1.90% 21.45 It is Wuzhong Branch Structured Deposit A36665
Total 115,500.00 / / / 136.89 /
(6) Usage of surplus raised funds
During the reporting period, the company did not use surplus raised funds.
(7) Usage of excess raised funds
- Cash management
For details, please refer to “(5) Cash management using temporarily idle raised funds” in this section.
- Permanent replenishment of working capital
The company held the 31st meeting of the fourth board of directors and the first extraordinary shareholders meeting in 2026 on June 8, 2026 and June 25, 2026 respectively, and reviewed and approved the "Proposal on Using the Remaining Over-raised Funds to Permanently Supplement Liquidity" and agreed to the company's use of the remaining over-raised funds of 1,946.88 Ten thousand yuan (including interest and financial management income, the actual amount shall be based on the balance of the special account on the day when the funds are transferred out) to permanently supplement working capital for the company's production and operation. As of June 30, 2026, the company has transferred the remaining over-raised funds of 19.6134 million yuan (including interest and financial management income) to the company's general account for permanent replenishment of working capital.
(8) Purpose and destination of unused raised funds
- Initial public offering of stocks in 2022
As of June 30, 2026, the company's unused balance of raised funds was 0.00 yuan.
- Issuance of convertible corporate bonds to unspecified objects in 2023
As of June 30, 2026, the company's unused balance of raised funds was 187,432,964.66 yuan.
Among them: the balance of the special account for raised funds is 187,432,964.66 yuan. The unused raised funds will continue to be used to invest in the investment projects committed by the company.
(9) Other uses of raised funds
During the reporting period, the company did not change the use of funds raised for investment projects.
4. Changes in the use of funds raised for investment projects
During the reporting period, the Company did not change any investment projects with raised funds.
5. Problems in the use and disclosure of raised funds
The company has disclosed the storage and use of funds raised in the first half of 2026 in a timely, truthful, accurate and complete manner in accordance with the relevant provisions of the "Supervision Rules for Funds Raised by Listed Companies" and the company's "Management System for the Use of Raised Funds". There are no violations in the storage, use, management and disclosure of the company's raised funds.
Attachment: "Comparison of Usage of Funds Raised in the Half-Year of 2026"
Board of Directors of Suzhou Yubang New Materials Co., Ltd.
Attachment 1 on August 29, 2026:
Comparison table on the use of raised funds in the first half of 2026 - initial public offering of stocks in 2022
Prepared by: Suzhou Yubang New Materials Co., Ltd.
Unit: Ten thousand yuan of total raised funds 61,198.82 Total raised funds invested during the reporting period 1,961.34
The total amount of raised funds whose purpose was changed during the reporting period -
The total amount of raised funds that have been changed in use - the total amount of raised funds that have been invested 62,346.90
The cumulative proportion of total raised funds that have been changed in use -
Whether it has changed Raised funds After adjustment As of the end of the period As of the end of the period Project feasibility Commitment investment projects This reporting period The project has reached the target This reporting period Whether it has been achieved
Updated projects (including total committed investment Total investment Cumulative investment amount Investment progress (%) Whether and the direction of investment of over-raised funds Investment amount Availability date Benefits achieved Estimated benefits
Partial changes) Amount (1) (2) (3)＝(2)/(1) Major changes in committed investment projects
Annual output of photovoltaic welding ribbons
No 28,057.61 28,057.61 28,524.44 100.00 June 30, 2024 Not applicable Not applicable No 13,500-ton construction project
R&D center construction project No 5,674.87 5,674.87 5,840.17 100.00 June 30, 2024 Not applicable Not applicable No Production base production line automatic
No 2,929.50 2,929.50 2,959.32 100.00 June 30, 2024 Not applicable Not applicable No chemical transformation project
Supplementary working capital No 10,000.00 10,000.00 - 10,011.63 100.00 —— Not applicable Not applicable No commitment to investment projects
—— 46,661.98 46,661.98 - 47,335.56 100.00 —— —— —— Subtotal
Investment direction of super-raised funds
Permanent replenishment of working capital No - 14,536.84 1,961.34 15,011.34 100.00 —— Not applicable Not applicable No
Subtotal of investment of excess raised funds —— - 14,536.84 1,961.34 15,011.34 100.00 —— —— —— ——
Total —— 46,661.98 61,198.82 1,961.34 62,346.90 100.00 —— —— —— ——
Note: The cumulative investment amount as of the end of the period includes the amount of permanent replenishment of working capital after the investment project is completed. For details, please refer to the "Announcement on the Completion of Initial Public Offering Investment Projects and the Permanent Replenishment of Working Capital with the Surplus Raised Funds" (Announcement Number: 2024-050)
Situations and reasons for failure to achieve planned progress or expected benefits (by specific projects) Not applicable
Description of major changes in project feasibility Not applicable
In order to improve the efficiency of fund use, the company held the 15th meeting of the fourth board of directors and the 11th meeting of the fourth board of supervisors on March 11, 2025, and reviewed and approved the "Proposal on the Use of Super-raised Funds for Cash Management", agreeing that the company will use idle super-raised funds with an amount of no more than RMB 20 million to choose investment products that meet the requirements of high security, good liquidity, and a term of no more than twelve months, without affecting the company's normal production and operations and ensuring the safety of the super-raised funds. This quota can be used within 12 months from the date of approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the amount related to reinvestment of the aforementioned investment income) does not exceed RMB 20 million.
During the reporting period, in order to improve the efficiency of fund use, the company held the 27th meeting of the fourth board of directors on March 2, 2026, and reviewed and approved the "Proposal on the Use of Over-raised Funds for Cash Management", agreeing that the company would not affect the company's normal production and operation and ensure the safety of the over-raised funds. The amount, purpose and progress of use of the over-raised funds
Under this circumstance, idle super-raised funds with a limit of no more than RMB 20 million can be used to purchase investment products that meet the requirements of high security, good liquidity, and a term of no more than 12 months. This quota can be used within 12 months from the date of approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the amount related to reinvestment of the aforementioned investment income) does not exceed RMB 20 million. The company held the 31st meeting of the fourth board of directors and the first extraordinary shareholders meeting in 2026 on June 8, 2026 and June 25, 2026 respectively, and reviewed and approved the "Proposal on the Use of Remaining Over-raised Funds to Permanently Supplement Working Capital", agreeing that the company will use the remaining over-raised funds of 19.4688 million yuan (including interest and financial management income, the actual amount shall be based on the balance of the special account on the day the funds are transferred out) to permanently replenish working capital for the company's production and operations. The company transferred the remaining over-raised funds of 19.6134 million yuan (including interest and financial management income) to the company's general account on June 26, 2026, for permanent replenishment of working capital.
Changes in implementation locations of investment projects with raised funds During the reporting period, the Company did not change the implementation locations of investment projects with raised funds.
Adjustments to the implementation methods of investment projects with raised funds During the reporting period, the company did not adjust the implementation methods of investment projects with raised funds.
Preliminary investment and replacement of raised funds in investment projects During the reporting period, the company did not have any replacement of raised funds.
Use of idle raised funds to temporarily replenish working capital During the reporting period, the company did not use idle raised funds to temporarily replenish working capital.
In order to improve the efficiency of fund use, the company held the 15th meeting of the fourth board of directors and the 11th meeting of the fourth board of supervisors on March 11, 2025, and reviewed and approved the "Proposal on the Use of Super-raised Funds for Cash Management", agreeing that the company will use idle super-raised funds with an amount of no more than RMB 20 million to choose investment products that meet the requirements of high security, good liquidity, and a term of no more than twelve months, without affecting the company's normal production and operations and ensuring the safety of the super-raised funds. This quota can be used within 12 months from the date of review and approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the amount related to reinvestment of the aforementioned investment income) shall not exceed RMB 20 million using idle raised funds for cash management.
During the reporting period, in order to improve the efficiency of fund use, the company held the 27th meeting of the fourth board of directors on March 2, 2026, and reviewed and approved the "Proposal on the Use of Super-raised Funds for Cash Management", agreeing that the company would use idle super-raised funds with an amount of no more than RMB 20 million to choose investment products that meet the requirements of high security, good liquidity, and a term of no more than twelve months, without affecting the company's normal production and operations and ensuring the safety of the super-raised funds. This quota can be used within 12 months from the date of approval by the board of directors. Within the above quota and its validity period, the funds can be used on a rolling basis. The transaction amount at any point in the period (including the amount related to reinvestment of the aforementioned investment income) does not exceed RMB 20 million.
The amount and reasons for the balance of raised funds during project implementation. During the reporting period, the company had no surplus funds from raised funds.
The purpose and destination of unused raised funds. As of June 30, 2026, the balance of the special account for raised funds was 0.00 yuan, and all special accounts have been cancelled.
Problems or other situations in the use and disclosure of raised funds During the reporting period, the company had no other use of raised funds.
Attachment 2:
Comparison table on the use of raised funds in the first half of 2026 - Issuance of convertible corporate bonds to unspecified objects in 2023
Prepared by: Suzhou Yubang New Materials Co., Ltd.
Unit: RMB 10,000 Total raised funds 49,508.89 Total raised funds invested during the reporting period 1,827.02
The total amount of raised funds whose purpose was changed during the reporting period -
The total amount of raised funds that have been changed in use - the total amount of raised funds that have been invested 31,802.87
The cumulative proportion of total raised funds that have been changed in use -
Whether it has been changed Raised funds After adjustment As of the end of the period As of the end of the period Project feasibility Commitment investment projects This reporting period The project has reached the target This reporting period Whether it has been achieved
Project (including parts) Total committed investment Total investment Cumulative investment amount Investment progress (%) Whether and the direction of investment of over-raised funds Investment amount Availability date Benefits achieved Estimated benefits
Change) Amount (1) (2) (3)＝(2)/(1) Major changes in committed investment projects
Annual output of photovoltaic welding ribbons
20,000 tons production item No 35,673.00 35,673.00 1,827.02 17,948.82 50.31 September 30, 2026 Not applicable Not applicable No
Head
Supplementary working capital No 13,835.89 13,835.89 13,854.05 100.00 —— Not applicable Not applicable No commitment to investment projects
—— 49,508.89 49,508.89 1,827.02 31,802.87 64.24 —— —— —— ——
Subtotal
Investment direction of super-raised funds
Total —— 49,508.89 49,508.89 1,827.02 31,802.87 64.24 —— —— —— ——The circumstances and reasons for failure to meet the planned progress or expected benefits (by specific projects) Not applicable
Description of major changes in project feasibility Not applicable
Amount, purpose and progress of use of excess raised funds Not applicable
Changes in implementation locations of investment projects with raised funds During the reporting period, the Company did not change the implementation locations of investment projects with raised funds.
Adjustments to the implementation methods of investment projects with raised funds During the reporting period, the company did not adjust the implementation methods of investment projects with raised funds.
Preliminary investment and replacement of investment projects with raised funds During the reporting period, the company had no early investment and replacement of investment projects with raised funds.
Use of idle raised funds to temporarily replenish working capital During the reporting period, the company did not use idle raised funds to temporarily replenish working capital.
During the reporting period, in order to improve the efficiency of fund use, the company held the 21st meeting of the fourth board of directors and the 16th meeting of the fourth board of supervisors on October 17, 2025, and reviewed and approved the "Proposal on using part of idle raised funds for cash management and depositing raised funds in the form of agreed deposits". The use of idle raised funds for cash management It is agreed that the company and its subsidiaries plan to use idle raised funds with a maximum quota of no more than 220 million yuan (including 220 million yuan) for cash management. The above quota will be valid for 12 months from the date of approval by the board of directors and can be used on a rolling basis within the aforementioned quota and period. At the same time, it is planned to deposit the balance of the raised funds in an agreed manner.
The amount and reasons for the balance of raised funds during project implementation. During the reporting period, the company had no surplus funds from raised funds.
As of June 30, 2026, the company's unused balance of raised funds was 187,432,964.66 yuan. The unused raised funds will continue to be used for investment purposes and whereabouts of the unused raised funds.
Participate in the fundraising projects promised by the company.
Problems or other situations in the use and disclosure of raised funds During the reporting period, the company had no other use of raised funds.