002877SZSE

Announcement on the Redemption of Temporarily Idle Raised Funds for Cash Management

Intelligent Automation Co., Ltd.··3 pages

✨ AI Summary

Wuxi Intelligent Control Engineering Co., Ltd. announced the redemption of cash management products using temporarily idle raised funds amounting to RMB 10.2 million. The company achieved a total return of RMB 25,487.42 from these investments over a period of 37 days. The board approved the continued use of idle funds to enhance capital efficiency while ensuring safety.

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Full Translation

AI Translation· azure_openai

Wuxi Intelligent Control Engineering Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

On September 12, 2025, the 21st meeting of the 5th Board of Directors approved the proposal to continue using temporarily idle raised funds for cash management. To improve the efficiency of the use of raised funds, the Company plans to use no more than RMB 50 million of temporarily idle raised funds for cash management, ensuring that it does not affect the use of raised funds. This will be done in accordance with the investment plans and construction progress of the raised funds, and in compliance with relevant laws and regulations such as the Shenzhen Stock Exchange Listing Rules and the Self-Regulatory Guidelines for Listed Companies. The approved amount can be used in a rolling manner within twelve months from the date of the board's approval.

The announcement regarding the continued use of temporarily idle raised funds for cash management (Announcement No. 2025-064) was published on September 15, 2025, in the Securities Times and on the Giant Tide Information Network (www.cninfo.com.cn).

Redemption of Cash Management Products

Currency: RMB

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