Announcement on Progress of Wealth Management Using Idle Own Funds

Redington Co., Ltd. Announcement on Progress of Wealth Management Using Idle Own Funds Stock Code: 300427 Stock Abbreviation: Redington Shares Announcement No.: 2026-012 The Company and all members of its 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. Redington Co., Ltd. (hereinafter referred to as "Redington Shares" or "the Company") held the 13th meeting of the Sixth Board of Directors on March 13, 2026. The meeting deliberated and approved the "Proposal on the Company and its Subsidiaries Using Idle Own Funds for Wealth Management." To improve the efficiency of idle own funds and increase the Company's fund returns, while controlling investment risks and not affecting the Company's normal operations, the Board of Directors agreed that the Company and its subsidiaries would use idle own funds totaling no more than RMB 200 million (inclusive) for wealth management. The term of this management is within twelve months from the date of approval by the Board of Directors, and the funds can be used in a revolving manner within the approved amount and period. The Company's Board of Directors has authorized the Company's management to exercise relevant decision-making power and sign relevant documents within the authorized period and amount, and the Company's finance department will organize the implementation. The specific details of the above can be found in the relevant announcement disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on March 13, 2026. Recently, the Company's wholly-owned subsidiary, Hefei Starwave Communications Technology Co., Ltd. (hereinafter referre