Shandong Lianke Technology Co., Ltd.
Announcement on Progress of Using Part of Temporarily Idle Raised Funds for Cash Management
The Board of Directors and all Directors of the Company guarantee that the content of this announcement does not contain any false records, misleading statements or major omissions, and they shall bear individual and joint legal responsibility for the authenticity, accuracy and completeness of its content.
Shandong Lianke Technology Co., Ltd. (hereinafter referred to as the "Company" or "Lianke Technology") held the 10th meeting of the Third Board of Directors and the 9th meeting of the Third Audit Committee on September 12, 2025. The meetings deliberated and approved the "Proposal on Using Part of Temporarily Idle Raised Funds for Cash Management," agreeing that the Company (including its subsidiaries) could use a total amount not exceeding RMB 290 million of temporarily idle raised funds for cash management, provided that it does not affect the construction of the raised fund investment projects and the normal use of raised funds. On March 6, 2026, the Company held the 14th meeting of the Third Board of Directors and the 12th meeting of the Third Audit Committee. The meetings deliberated and approved the "Proposal on Using Part of Temporarily Idle Raised Funds for Cash Management," agreeing that the Company (including its subsidiaries) could use a total amount not exceeding RMB 270 million of temporarily idle raised funds for cash management, provided that it does not affect the construction of the raised fund investment projects and the normal use of raised funds. The validity period is from the date of deliberation and approval by the Board of Directors until the date of the Board meeting approving the 2026 annual report. The Company can use this amount and period in a revolving manner, which is conducive to improving the utilization efficiency of the Company's idle raised funds, increasing the return on cash assets, and maximizing shareholder benefits.
The Company hereby announces the relevant matters regarding the recent use of part of the temporarily idle raised funds for cash management as follows:
I. Situation of Maturing and Recovered Raised Fund Cash Management Products (from the date of the last announcement to the date of this announcement)