Securities Code: 001317 Securities Abbreviation: Sanfengma Announcement No.: 2026-011
Sanfengma (Chongqing) Logistics Co., Ltd. Announcement on Progress of Cash Management Using Partial Idle Raised Funds from Convertible Bonds
The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Basic Information
Sanfengma (Chongqing) Logistics Co., Ltd. (hereinafter referred to as the "Company") at its first extraordinary general meeting of shareholders in 2026 on February 2, 2026, deliberated and passed the "Proposal on Using Part of the Idle Raised Funds from the Issuance of Convertible Corporate Bonds for Cash Management." The Company plans to use an amount not exceeding RMB 150,000,000.00 (total principal investment amount at any point within the authorized period) of idle raised funds from the issuance of convertible corporate bonds for cash management. Funds within this limit can be used in a revolving manner, and the income generated can be reinvested. The Chairman is authorized to make decisions within this limit, and the Financial Officer is authorized to organize the handling of related matters. The authorization period is 12 months from the date of approval by the shareholders' meeting. For details, please refer to the "Announcement on the Resolution of the First Extraordinary General Meeting of Shareholders in 2026" and the "Announcement on Using Part of the Idle Raised Funds from the Issuance of Convertible Corporate Bonds for Cash Management" disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn).