西上海汽车服务股份有限公司关于使用闲置募集资金临时补充流动资金并开立募集资金临时补流专项账户的公告

Core Viewpoint - The company plans to temporarily use idle raised funds amounting to RMB 120 million to supplement its working capital, with a usage period not exceeding 12 months from the board's approval date [2][6][7]. Summary by Sections 1. Basic Situation of Raised Funds - The company raised funds through its initial public offering in 2020, which were intended for specific projects [2]. - A portion of the raised funds, RMB 324 million, was reallocated from the terminated "Passenger Car Intelligent Distribution Center Expansion Project" to the "West Shanghai Automotive Intelligent Manufacturing Park Project" [2]. 2. Current Status of Investment Projects - As of September 30, 2025, the company has utilized RMB 290 million of idle raised funds for cash management, with a maximum limit of RMB 300 million approved for such management [3][4]. 3. Plan for Temporary Supplementation of Working Capital - The company intends to use up to RMB 120 million of idle raised funds to temporarily supplement working capital, ensuring that this does not affect the progress of investment projects [6][7]. - The funds will be strictly used for operations related to the company's main business and will not be used for securities investments or other high-risk activities [6]. 4. Establishment of Special Account for Fund Management - A special account will be opened for the temporary supplementation of working capital to ensure proper management and protection of investor interests [6][12]. - The board has authorized the management to handle the opening of this special account and related agreements [12]. 5. Board Meeting and Approval Process - The board meeting held on November 28, 2025, approved the use of idle raised funds and the establishment of the special account, with unanimous support from all attending directors [11][13].