Daiwei Co., Ltd.: Signed a tripartite supervision agreement for raised funds, managing 91.93 million yuan in a dedicated account.

Daiwei Co., Ltd. announced that the company issued 2,855,300 shares to specific targets through a simplified procedure, at a price of 33.80 yuan per share, raising a total of 96,508,200 yuan. After deducting expenses, the actual available funds amount to 91,930,700 yuan. The company has set up a special account at the Shenzhen Luohu Branch of Bank of China, and signed a "Tripartite Supervision Agreement on Fundraising" with the bank and the sponsoring institution, China Merchants Securities. The special account will only be used for the embedded memory project, which had a balance of 95,008,200 yuan as of July 30. China Merchants Securities has designated Li Yan and Jia Fangjuan to supervise, conducting on-site inspections every six months.