Dayu Irrigation has completed some fundraising investment projects, which does not affect the normal operation of the company

On September 25, 2025, Dayu Irrigation held the seventh meeting of the seventh board of directors, reviewing and approving the completion proposal for certain fundraising investment projects. In 2021, the company raised 300 million yuan by issuing shares to specific targets through a simplified procedure, with a net amount of over 290 million yuan. In 2023, part of the fundraising purpose was changed, using the unused funds and interest from the "intelligent rural sewage treatment equipment and other production projects" for the "Subei Mazongshan Economic Development Zone core area regulating reservoir project," which was postponed from 2024 to September 30, 2025. As of August 30, 2025, the project was completed and reached a usable state, meeting the completion conditions, with a surplus of 0 yuan in raised funds. This completion has no significant adverse impact on the company's normal operations, and unpaid amounts will be managed in accordance with regulations