神通科技集团股份有限公司关于使用暂时闲置募集资金进行现金管理的进展公告

Group 1 - The company plans to use temporarily idle raised funds for cash management, specifically investing in high-safety and high-liquidity financial products to enhance fund utilization and increase returns for the company and its shareholders [2][3][9] - The total investment amount for this cash management initiative is RMB 60 million [2][3] - The funds used for this investment come from the temporarily idle raised funds from the issuance of convertible bonds, which totaled RMB 577 million, with a net amount of RMB 569 million after deducting issuance costs [4][5] Group 2 - The company has received approval from its board and supervisory board for the cash management plan, which was also ratified at the annual shareholders' meeting [2][6] - The cash management products will have a maximum investment limit of RMB 430 million, and the investment period will not exceed 12 months from the date of approval [6] - The company will maintain strict compliance with relevant regulations and establish a tracking system for the cash management products to mitigate risks [8][9] Group 3 - The company’s cash management strategy is designed to ensure that the normal operations of its main business and investment projects are not affected while optimizing the use of idle funds [9] - The financial products will be treated according to the "New Financial Instruments Standards," which may impact the balance sheet and profit and loss statements [9] - The company’s sponsor, Zheshang Securities, has provided a favorable review of the cash management initiative [11] Group 4 - The company is in the process of redeeming its convertible bonds, with the last trading day set for February 9, 2026, and the last conversion day on February 12, 2026 [12][25] - The redemption price for the convertible bonds is set at RMB 100.4449 per bond, which includes accrued interest [18][20] - Following the redemption, the convertible bonds will be delisted from the Shanghai Stock Exchange on February 13, 2026 [26]