[Temporary Announcement] Haidar: Special report on the storage, management and actual use of funds raised in the first half of 2026
Securities code: 920699 Securities abbreviation: Haidar Announcement number: 2026-066
Wuxi Haidar Precision Slide Co., Ltd.
Special report on the storage, management and actual use of funds raised in the first half of 2026
item report
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions, and bear individual and joint legal liability for the authenticity, accuracy and completeness of the contents.
1. Basic situation of raised funds
(1) Amount of funds raised and status of funds in place
According to the China Securities Regulatory Commission's Zhengjian Xu [2023] No. 787 "Reply on Approving the Public Issuance of Stock Registration by Wuxi Haidar Precision Slide Co., Ltd. to Unspecified Qualified Investors", Haidar publicly issued 11,000,000 RMB ordinary shares to unspecified qualified investors at an issue price of 10.25 yuan/share, raising total funds of 112,750,000.00 yuan, and the actual net amount of funds raised was 94,579,150.94 yuan. As of April 26, 2023, all the above-mentioned raised funds have been received, and the "Wuxi Haidar Precision Slide Co., Ltd. Capital Verification Report" (Zhonghui Huiyan [2023] No. 5307) was issued by Zhonghui Accounting Firm (Special General Partnership).
On June 7, 2023, Haidar exercised the over-allotment option to issue an additional 1,625,300 shares based on the initial issuance size of 11,000,000 shares, expanding the total number of shares issued to 12,625,300 shares. The total amount of funds raised by Haidar was 16,659,325.00 yuan. Together with the total amount of funds raised corresponding to the initial issuance size of 11,000,000 shares of 112,750,000.00 yuan, the final total amount of funds raised in this issuance was 129,409,325.00 yuan, and the actual net amount of funds raised was 111,238,322.61 yuan. As of June 8, 2023, all the above-mentioned net raised funds have been received, and were verified by Zhonghui Accounting Firm (Special General Partnership), which issued the "Capital Verification Report of Wuxi Haidar Precision Slide Co., Ltd." (Zhonghui Huiyan [2023] No. 7897).
(2) Use and balance of raised funds
As of June 30, 2026, the company's actual raised funds invested in related projects totaled RMB 59,356,163.18.
Item Amount
Total funds raised 129,409,325.00 less: issuance expenses 18,171,002.39 Net amount of funds raised 111,238,322.61 less: investment in investment projects 59,356,163.18 less: temporarily idle raised funds used for cash management 50,000,000 less: bank fees 100.00 plus: Interest income from raised funds and cash management 6,393,267.57 Balance of raised funds at the end of the period 8,275,327.00
(3) Storage of raised funds
As of June 30, 2026, the company's raised funds storage situation is as follows:
Opening bank Bank account number Account type Storage balance Remarks Wuxi Rural Commercial Bank
June 2024 Industrial Bank shares to raise funds
019801250007025 - 7 Days Co., Ltd. Ouhu
Tang branch has been canceled
Ningbo Bank Stocks
Co., Ltd. to raise funds
78070122000412891 20,982.92 -Wuxi Huishan Branch
OK
Ningbo Bank Stocks
Co., Ltd. to raise funds
86021110000207010 8,254,344.08 -Wuxi Huishan Branch
OK
Total - - 8,275,327.00
(4) Amount of funds raised and status of funds in place
According to the China Securities Regulatory Commission's Zhengjian Xu [2023] No. 787 "Reply on Approving the Public Issuance of Stock Registration by Wuxi Haidar Precision Slide Co., Ltd. to Unspecified Qualified Investors", Haidar publicly issued 11,000,000 RMB ordinary shares to unspecified qualified investors at an issue price of 10.25 yuan/share, raising total funds of 112,750,000.00 yuan, and the actual net amount of funds raised was 94,579,150.94 yuan. As of April 26, 2023, all the above-mentioned raised funds have been received, and the "Wuxi Haidar Precision Slide Co., Ltd. Capital Verification Report" (Zhonghui Huiyan [2023] No. 5307) was issued by Zhonghui Accounting Firm (Special General Partnership).
On June 7, 2023, Haidar exercised the over-allotment option to issue an additional 1,625,300 shares based on the initial issuance size of 11,000,000 shares, expanding the total number of shares issued to 12,625,300 shares. The total amount of funds raised by Haidar was 16,659,325.00 yuan. Together with the total amount of funds raised corresponding to the initial issuance size of 11,000,000 shares of 112,750,000.00 yuan, the final total amount of funds raised in this issuance was 129,409,325.00 yuan, and the actual net amount of funds raised was 111,238,322.61 yuan. As of June 8, 2023, all the above-mentioned net raised funds have been received, and were verified by Zhonghui Accounting Firm (Special General Partnership), which issued the "Capital Verification Report of Wuxi Haidar Precision Slide Co., Ltd." (Zhonghui Huiyan [2023] No. 7897).
2. Management of raised funds
(1) Raised funds management system
Haidar has formulated and modified the "Raised Funds Management System" in accordance with the requirements of the relevant rules for the stock issuance business. This system was reviewed and approved by the eighth meeting of the company's fourth board of directors and the first extraordinary shareholders' meeting in 2025. This system stipulates the storage, use, change, management and supervision of raised funds, and clarifies the hierarchical approval authority, decision-making procedures, risk control measures and information disclosure requirements for the use of raised funds.
(2) Storage status of raised funds in special accounts
In order to standardize the management of raised funds and protect the legitimate rights and interests of investors, Haidar, in accordance with the "Beijing Stock Exchange Continuous Supervision Measures for Listed Companies (Trial)", "Beijing Stock Exchange Stock Listing Rules" and other relevant regulations, as well as the relevant requirements of the "Raised Funds Management System" formulated by the company, the company has The funds are stored and managed in special accounts, and the company has signed the "Tripartite Supervision Agreement on Raised Funds" with Guolian Minsheng Securities Underwriting and Sponsoring Co., Ltd. (formerly known as "Huaying Securities Co., Ltd."), Wuxi Rural Commercial Bank Co., Ltd., and Wuxi Huishan Branch of Bank of Ningbo Co., Ltd.
3. Actual use of funds raised during the reporting period
(1) Situation of fundraising projects
As of June 30, 2026, the company’s investment in investment projects with raised funds is detailed in Appendix 1 of this report, "Comparison of the Use of Raised Funds"
There is no major change in the feasibility of the investment project
(2) Replacement of raised funds
Not applicable
(3) Temporary replenishment of working capital with idle raised funds
As of June 30, 2026, the Company had no idle raised funds used to temporarily replenish working capital.
(4) Cash management of idle raised funds
During the reporting period, the company’s use of temporarily idle raised funds for cash management is as follows:
Entrusted agent Entrusted financial management Entrusted agent Entrusted agent Estimated annualized entrusting party Product name Income category
Property Product Amount (10,000 Financial Start Financial End Yield Name Type
Type Yuan) Date Date (%) Ningbo Bank Bank Manager Ningbo Bank 5,000 2025 2026 Floating income 1.95 Bank shares Property products Bank structure November 21 February 24 Earnings
Limited public deposit day day
Division 720250
8282
Bank of Ningbo Bank Manager Ningbo Bank 5,500 2026 3 2026 Floating income 1.95 Bank shares Financial products Bank ended June 3rd June 1st profit
Limited public structural deposit
Division money
720260
7327
Ningbo Bank Bank Manager Ningbo Bank 5,000 2026 6 2026 Floating income 1.95 Bank shares Financial products Bank ended September 8th September 8th profit
Limited public structural deposit
Division money
720260
7752
On April 21, 2026, the twelfth meeting of the fourth session of the Board of Directors held by the company reviewed and approved the "Proposal on Using Part of Idle Raised Funds for Cash Management", agreeing that the company will use idle raised funds with a total limit of no more than RMB 60 million for cash management and purchase of financial products within 12 months from April 21, 2026. The funds within the above limit can be used on a rolling basis.
As of June 30, 2026, the company used temporarily idle raised funds for cash management, with a closing balance of RMB 50 million. There is no pledge on the above-mentioned financial products.
(5) Other uses of raised funds
Haidar held the 23rd meeting of the third board of directors and the 22nd meeting of the third board of supervisors on April 24, 2024, and reviewed and approved the "Proposal on the Extension of the Company's Investment Projects". The time for the "Precision Slide Rail Automation Production Base Construction Project" to reach the scheduled usable state will be extended to December 31, 2026, and the time for the "R&D Center Construction Project" to reach the scheduled usable state will be extended to June 30, 2027. The company's independent directors held a special meeting and issued unanimous pre-review opinions.
The company's "Precision Slide Rail Automation Production Base Construction Project" and "R&D Center Construction Project" plan to purchase land to build a production base in Qianqiao Street, Huishan District, Wuxi City. Since the reserved land is in the process of optimizing and improving the surrounding roads, the construction land involved has not been able to proceed with the land bidding, auction and listing as planned, resulting in a delay in the construction progress of the investment project with raised funds.
In order to ensure that the construction results of the raised investment projects can meet the requirements of the company's strategic development plan, taking into account the actual use of the raised funds and the implementation status of the raised investment projects, the board of directors has demonstrated the feasibility and expected income of the "Precision Slide Rail Automation Production Base Construction Project" and the "R&D Center Construction Project". As long as the subject, implementation method, investment location, purpose and investment scale of the raised funds do not change, the company will adjust the implementation progress of the raised investment projects based on the project implementation status.
The postponement of some of the investment projects this time does not change the investment direction of the raised funds in a disguised manner and harms the interests of shareholders, especially the interests of small and medium-sized shareholders. It will not have an adverse impact on the company's normal operations. There is no situation in which the investment direction of the raised funds is changed in a disguised manner and harms the interests of other shareholders. It is in line with the company's long-term development plan.
In July 2024, the company signed the "State-owned Construction Land Use Rights Transfer Contract" with the Wuxi Municipal Bureau of Natural Resources and Planning and obtained the "Real Estate Rights Certificate of the People's Republic of China". For details, please refer to the "Announcement on the Company Signing and Completing the State-owned Construction Land Use Rights Transfer Contract and Obtaining the Real Estate Rights Certificate" (Announcement Number: 2024-048).
4. Usage of funds for changing the purpose of raised funds
There is no change in the use of funds raised.
5. Problems in the use and disclosure of raised funds
There were no irregularities in the use and disclosure of funds raised by the Company this year.
6. Documents for reference
(1) "Resolution of the 14th Meeting of the 4th Board of Directors of Wuxi Haidar Precision Slide Co., Ltd.";
(2) "Resolution of the 12th Meeting of the Audit Committee of the Fourth Board of Directors of Wuxi Haidar Precision Slide Co., Ltd."
Board of Directors of Wuxi Haidar Precision Slide Co., Ltd.
Schedule 1 on August 24, 2026:
Comparison table of usage of raised funds (publicly issued and listed to unspecified qualified investors)
Unit: Yuan Net amount of funds raised (including the amount obtained through the exercise of over-allotment option
111,238,322.61 Total raised funds invested during this reporting period (15,785,996.75 raised funds)
Amount of raised funds changed in use 0.00
The total amount of raised funds that have been invested is 59,356,163.18 The proportion of the total raised funds that have been changed in use is 0%
Investment projects are feasible by the end of the period
Whether the project has been changed to meet the expected
Raised funds used Adjusted total investment Investment in this reporting period Cumulative investment progress as of the end of the period (%) Whether the project has been developed, including certain usability status
Path (1) Amount of investment (2) (3) = Estimated benefit Status date of major changes
(2)/(1) Chemical precision slide rails from December 2026 Not applicable No chemical production base No 81,238,322.61 12,433,766.28 40,297,421.96 49.60% As of December 31
land construction project
R&D center to be built June 2027 Not applicable No
No 20,000,000.00 3,352,230.47 9,058,741.22 45.29%
Project establishment 30 days
Supplementary working capital No 10,000,000.00 - 100.00% Not applicable No 10,000,000.00
Total - 111,238,322.61 15,785,996.75 59,356,163.18 - - - - Whether the actual progress of the investment project lags behind the publicly disclosed
For details, please refer to "(5) Other plans for the use of raised funds in this report under "III. Actual Use of Raised Funds This Year". If any, please describe the countermeasures and investment plans.
situation". Whether the plan needs to be adjusted (depending on the specific use of raised funds)
Description of significant changes in feasibility. Description of changes in the use of raised funds that are not applicable (divided into specific raised funds).
Not applicable to gold purposes)
Explanation of the replacement of self-raised funds with raised funds. Not applicable. Review of using idle raised funds to temporarily replenish working capital.
Not applicable amount
The amount of temporary replenishment of raised funds at the end of the reporting period is not applicable. Review of the use of idle raised funds to purchase relevant financial products. For details, please refer to "(4) The purchase of financial products with idle raised funds" in "III. Actual use of raised funds this year" in this report. Use idle raised funds to purchase relevant financial products at the end of the reporting period
Balance of 50,000,000.00 products
Description of the use of excess raised funds. Not applicable. Description of the transfer of surplus raised funds. Not applicable. Description of the investment in overseas raised investment projects. Not applicable.