天洋新材（上海）科技股份有限公司关于使用部分闲置募集资金暂时补充流动资金的公告

Core Viewpoint - Tianyang New Materials (Shanghai) Technology Co., Ltd. plans to use up to RMB 50 million of idle raised funds to temporarily supplement working capital for its main business operations, with a usage period not exceeding 12 months from the board's approval date [2][12]. Fundraising Basic Situation - The company raised a total of RMB 986.5 million through a non-public offering of 99,847,765 shares at a price of RMB 9.88 per share, with a net amount of RMB 967.4 million after deducting issuance costs [2][3]. - The funds were fully received by January 10, 2023, and are managed in a special account [3]. Previous Fund Usage - The company has previously approved the temporary use of idle funds for working capital on several occasions, including: - RMB 50 million on May 18, 2023, to be returned by May 16, 2024 [4]. - RMB 50 million on August 11, 2023, to be returned by August 9, 2024 [4]. - RMB 60 million on October 28, 2024, to be returned by October 24, 2025 [7]. Current Fund Usage Plan - The current plan is to use up to RMB 50 million of idle funds temporarily for working capital, ensuring it does not affect the implementation of fundraising investment projects [12][14]. Review Procedures - The board of directors approved the use of idle funds at the third meeting on February 11, 2026, in compliance with legal and regulatory requirements [13][15]. Special Opinions - The audit committee supports the use of idle funds to meet temporary liquidity needs and improve operational efficiency [14]. - The sponsor confirms that the use of idle funds complies with relevant regulations and will help meet production needs while enhancing fund efficiency [15][16].