On the evening of January 9, 2026, Huate Gas issued an announcement stating that its "Annual Production of 1,764 Tons of Semiconductor Materials Construction Project" is proposed to be concluded, and the surplus raised funds generated from the project will be permanently used to supplement working capital. The announcement also disclosed the extension of certain fundraising investment projects.

The announcement indicates that for the "Annual Production of 1,764 Tons of Semiconductor Materials Construction Project" proposed for conclusion, some sub-projects have been completed and have reached their intended usable status, meeting the conditions for conclusion. The project was planned to include four semiconductor material products, and its progress has shown variations: among them, the sub-projects for "Electronic Grade Boron Trichloride," "Electronic Grade Hydrogen Bromide," and "Ultra-Pure Helium" have all been completed and reached their intended usable status. However, the sub-project for "High-Purity Hexafluoropropane and Its Isomers" has been temporarily suspended due to the impact of changes in market terminal prices and demand, resulting in a lower short-term return on investment. The company has decided to postpone further investment in this sub-project and will subsequently advance its construction using its own funds based on actual market demand and other practical considerations.

As of December 31, 2025, the usage and surplus of raised funds for the aforementioned fundraising investment projects are as follows: Regarding the usage and surplus of raised funds, the announcement discloses data as of December 31, 2025, with specific details subject to the table attached to the announcement. The formation of surplus funds is attributed to two main factors: first, the reduction in capital expenditure due to the temporary suspension of the "High-Purity Hexafluoropropane and Its Isomers" sub-project; second, the results of the company's refined management during the project implementation process.

The announcement notes that during the project implementation period, the company strictly adhered to relevant regulations on the use of raised funds. Based on the actual conditions of the project and with the goal of maximizing the interests of the company and all shareholders, the company ensured the smooth implementation of the project while strictly controlling construction costs and expenses, strengthening project management and supervision, and optimizing the construction plan by leveraging its technical advantages and experience. These measures reasonably reduced project costs and related investment amounts, ultimately resulting in a surplus of raised funds.

Currently, the proposal for concluding the project and utilizing the surplus funds has undergone the corresponding internal review procedures and will subsequently be submitted to the company's shareholders' meeting for deliberation.