华扬联众数字技术股份有限公司关于第六届董事会第十八次（临时）会议 决议的公告

Core Viewpoint - The company, Huayang Lianzhong Digital Technology Co., Ltd., has convened its 18th (temporary) meeting of the 6th Board of Directors to approve several financial measures aimed at optimizing its capital structure and improving liquidity. Group 1: Board Meeting Details - The meeting was held on December 10, 2025, with 6 out of 7 directors present, and was conducted via telecommunication voting [2][3]. - The meeting was chaired by the company's chairman, Mr. Zhang Ligang, with attendance from supervisors and senior management [3]. Group 2: Financial Resolutions - The board approved the use of up to RMB 80 million of idle raised funds to temporarily supplement the company's working capital, with a usage period not exceeding 12 months [4]. - The board also approved an application for a credit limit of up to RMB 300 million from Hunan Bank, with a term not exceeding 1 year [5][6]. - The board approved the transfer of 19 accounts receivable and 4 other receivables through public auction on JD.com, with a total original value of RMB 308.9934 million, and a provision for bad debts of RMB 275.4210 million [7][10]. Group 3: Transfer of Receivables - The proposed transfer of receivables is aimed at optimizing the company's financial structure and improving its financial condition [11]. - The receivables have a book value of zero after accounting for bad debt provisions and write-offs [11]. - The transfer will be conducted through a public auction, and the final transaction price will be determined based on actual sales [12]. Group 4: Impact on the Company - The transfer of receivables is expected to reduce accounts receivable risk, accelerate cash flow, and enhance the efficiency of capital utilization, thereby improving overall company performance [20].