Shenzhen Jinaobo Technology Co., Ltd. (hereinafter referred to as "the Company") convened the third meeting of the fourth board of directors on December 26, 2025, where it approved the proposal on the use of temporarily idle raised funds for cash management. The board agreed to use no more than RMB 400 million of temporarily idle raised funds for cash management, effective for 12 months from January 19, 2026, and can be used in a revolving manner by the Company and its subsidiaries implementing the raised fund investment projects. The Company's sponsor has expressed clear consent regarding the above matters. For specific details, please refer to the announcement disclosed by the Company on December 27, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).
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Redemption Status of Temporarily Idle Raised Funds for Cash Management
The Company has used temporarily idle raised funds to purchase RMB 30 million of the "2026 Unit Structured Deposit No. 7202602335" principal-protected floating financial product at the Nanshan Branch of Bank of Ningbo Co., Ltd. For specific details, please refer to the announcement titled "Progress Announcement on the Use of Temporarily Idle Raised Funds for Cash Management" (Announcement No.: 2026-030) published by the Company on May 14, 2026, in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and on the Giant Tide Information Network (www.cninfo.com.cn). Recently, the Company redeemed the principal of RMB 30 million from the above financial product, obtaining cash management income of RMB 20,712.33, which has been fully deposited into the special account for raised funds. -
Implementation Status of Temporarily Idle Raised Funds for Cash Management
(a) The Company has used temporarily idle raised funds to purchase the following financial products at the Nanshan Branch of Bank of Ningbo Co., Ltd.:
| Product Name | Product Type | Deposit Amount (RMB) | Start Date | Maturity Date | Expected Annual Yield | Source of Funds | Relationship | |--------------|--------------|----------------------|------------|---------------|----------------------|-----------------|--------------| | Bank of Ningbo Unit Large Deposit (6202602207) | Principal-protected income type | 30 million | May 26, 2026 | May 26, 2027 | 1.55% | Temporarily idle raised funds | No relationship |
(b) The Company has used temporarily idle raised funds to purchase the following financial products at the Shekou Branch of CITIC Bank Co., Ltd.:
| Product Name | Product Code | Product Type | Deposit Amount (RMB) | Start Date | Maturity Date | Expected Annual Yield | Source of Funds | Relationship |
|---|---|---|---|---|---|---|---|---|
| CITIC Bank Unit Large Deposit No. 260113 | A00620260113 | Principal-protected income type | 10 million | May 26, 2026 | May 26, 2027 | 1.40% | Temporarily idle raised funds | No relationship |
- Risk Warning and Risk Control Measures
(a) Risk Warning - Cash management products are mainly affected by macro policies such as monetary and fiscal policies, and related laws and regulations, which carry certain systemic risks.
- Operational risks of relevant personnel.