Securities Code: 00128 Securities Abbreviation: Yunji Group Announcement No.: 2026-031
Sichuan Province Zigong Transportation Machinery Group Co., Ltd. Announcement on Using Idle Own Funds for Cash Management
The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false representations, misleading statements, or material omissions.
Sichuan Province Zigong Transportation Machinery Group Co., Ltd. (hereinafter referred to as the "Company") held the 28th meeting of the Fifth Board of Directors on October 22, 2025, and the 4th extraordinary general meeting of shareholders on November 7, 2025, which deliberated and approved the "Proposal on Using Part of Idle Raised Funds and Idle Own Funds for Cash Management." While ensuring that the company's normal operations and the construction of fundraising investment projects are not affected, it is agreed that the company and its subsidiaries will use idle raised funds not exceeding RMB 240 million and idle own funds not exceeding RMB 50 million for cash management. The investment period shall be within 12 months from the date of approval by the shareholders' meeting. Within the aforementioned amount and period, funds can be used in a revolving manner. The shareholders' meeting agreed to authorize the chairman and the management to exercise this investment decision-making power and sign relevant legal documents, and authorized the company's finance department to implement relevant matters. For details, please refer to the "Announcement on Using Part of Idle Raised Funds and Idle Own Funds for Cash Management" disclosed by the company on Juchao Information Network on October 23, 2025 (Announcement No.: 2025-107).
To further improve the efficiency of fund utilization, the company held the 35th meeting of the Fifth Board of Directors on April 9, 2026, which deliberated and approved the "Proposal on Increasing the Amount of Idle Own Funds for Cash Management." It is agreed that, while ensuring that the company's normal production and operation, and the liquidity and safety of funds are not affected, the amount of idle own funds for cash management will be increased from RMB 50 million to RMB 200 million. The investment period shall be within 12 months from the date of approval by the shareholders' meeting. Within the aforementioned amount and period, funds can be used in a revolving manner. The board of directors proposes to authorize the chairman and the management to exercise this investment decision-making power and sign relevant legal documents, and authorize the company's finance department to implement relevant matters.
In accordance with the "Listing Rules of Shenzhen Stock Exchange," "Shenzhen Stock Exchange Listed Company Self-Regulation Supervision Guide No. 1 - Standardized Operation of Main Board Listed Companies," "Articles of Association," and other relevant regulations, this matter still needs to be submitted to the company's shareholders' meeting for deliberation. The relevant matters are hereby announced as follows: