001335SZSE

Announcement on the Use of Part of Idle Raised Funds for Cash Management

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Zhejiang Xin Kai Technology Group Co., Ltd. will use up to RMB 80 million of idle raised funds for cash management for 12 months. This aims to improve fund utilization and increase returns without affecting investment projects or normal operations. The company will invest in low-risk wealth management products.

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Securities Code: 001335 Securities Abbreviation: Xin Kai Technology Announcement No.: 2026-017

Zhejiang Xin Kai Technology Group Co., Ltd. Announcement on the Use of Part of Idle Raised Funds for Cash Management

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 major omissions.

Zhejiang Xin Kai Technology Group Co., Ltd. (hereinafter referred to as "Xin Kai Technology" or "the Company") held the fourteenth meeting of the second Board of Directors on April 27, 2026, and deliberated and passed the "Proposal on the Use of Part of Idle Raised Funds for Cash Management." It was agreed that the Company, while ensuring that the construction of the raised fund investment projects is not affected, the use of raised funds is not changed or disguised, the Company's normal operations are not affected, and the safety of funds is ensured and risks are effectively controlled, will use idle raised funds not exceeding RMB 8,000.00 million (inclusive) for cash management. The transaction amount at any point in time within the period (including related amounts from reinvestment of investment income) shall not exceed the aforementioned amount. The validity period is 12 months from the date of deliberation and approval by the Board of Directors. Within the aforementioned amount and period, the funds can be used in a revolving manner. The specific situation is announced as follows:

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