According to Tengda Technology's announcement, the company's initial public offering of shares actually raised a net capital of 768 million yuan. As of the date the inspection opinions were issued, a total investment of 580 million yuan was made. The “Stainless Steel Fastener Production and Intelligent Storage Base Construction Project” and the “Stainless Steel Fastener Production Expansion and Technological Transformation Project” reached the scheduled state of use on July 17, 2026, and were completed. The former anticipates that the amount to be paid and the amount raised from savings of 156.23,400 yuan will permanently supplement working capital and cancel the relevant special account. The matter has been reviewed and approved by the Board of Directors and the Audit Committee, and there is no objection from the sponsor.

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