300308SZSE

Announcement on Continued Use of Own Funds for Cash Management

Zhongji Innolight Co., Ltd.··3 pages

✨ AI Summary

Zhongji Xuchuang Co., Ltd. will continue to use up to RMB 30 billion of its idle funds for cash management for 12 months to improve fund utilization and returns. The company will invest in low-risk, highly liquid financial products, with strict risk control measures in place.

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Securities Code: 300308 Securities Abbreviation: Zhongji Xuchuang Announcement No.: 2026-029

Zhongji Xuchuang Co., Ltd. Announcement on Continued Use of Own Funds for Cash Management

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.

To improve the efficiency of the Company's own fund utilization and increase fund returns, while ensuring daily operating fund needs and fund security, Zhongji Xuchuang Co., Ltd. (hereinafter referred to as the "Company" or "Zhongji Xuchuang") and its consolidated subsidiaries, sub-subsidiaries, or branches plan to use no more than RMB 300,000 million (or equivalent foreign currency) of idle own funds for cash management. Within this limit, funds can be used on a revolving basis; the validity period is twelve months from the date of deliberation and approval by the Company's Board of Directors, and the investment period for any single investment product shall not exceed twelve months. The specific situation is as follows:

I. Basic Situation of Continued Use of Part of Own Funds for Cash Management

(I) Investment Purpose To improve the efficiency of the Company's and its consolidated subsidiaries' own fund utilization, while ensuring daily operating fund needs and fund security, the Company will use temporarily idle own funds for cash management to increase fund returns and obtain better returns for the Company and its shareholders.

(II) Investment Products The Company will strictly control risks in accordance with relevant regulations, rigorously evaluate and select investment products, and choose products with high security, strong liquidity, and controllable risks issued by financial institutions such as banks, securities companies, or trust companies, including structured deposits, large-denomination certificates of deposit, low-risk wealth management products, yield enhancement certificates, treasury bond reverse repos, and asset management products.

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