Songfa Co., Ltd. announced that the company held a board of directors meeting on August 7, 2026 and agreed to use the raised funds to replace the pre-invested capital of 3578.8563 million yuan, or about 3,579 billion yuan, in the fund-raising project and paid issuance fees. The company uses commercial acceptance notes to pre-invest in the fund-raising project, but the amount of notes not yet due and payable is RMB 100,1075,500. After payment is due, it will be replaced within the total amount of capital raised in support of the corresponding project. The sponsoring agency and the accounting firm all expressed unobjected opinions on this.

Songfa Co., Ltd. announced that the company held a board of directors meeting on August 7, 2026 and agreed to use the raised funds to replace the pre-invested capital of 3578.8563 million yuan, or about 3,579 billion yuan, in the fund-raising project and paid issuance fees. The company uses commercial acceptance notes to pre-invest in the fund-raising project but the amount of notes not yet due and payable is RMB 100,1075,500. After payment is due, it will be replaced within the total amount of capital raised in support of the corresponding project. The sponsoring agency and the accounting firm all expressed unobjected opinions on this.