Securities Code: 300565
Securities Abbreviation: Kexin Technology
Announcement No.: 2026-033
Shenzhen Kexin Communication Technology Co., Ltd.
Announcement on Progress of Using Partially Idle Raised Funds for Cash Management
The Company and 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 material omissions.
Shenzhen Kexin Communication Technology Co., Ltd. (hereinafter referred to as the "Company" or "Kexin Technology") held the Eighth Meeting of the Fifth Board of Directors in 2025 on December 24, 2025. The meeting deliberated and approved the "Proposal on Using Partially Idle Raised Funds for Cash Management." The Company agreed to continue using temporarily idle raised funds not exceeding RMB 50 million (inclusive) for cash management, purchasing wealth management products with high security and liquidity, provided that it does not affect the construction of the raised fund investment projects and normal production and operation. The usage period for the aforementioned amount shall not exceed 12 months from the date of deliberation and approval by the Board of Directors. The funds within the aforementioned amount and validity period can be used in a revolving manner. At the same time, the Company authorized the Chairman or his authorized representative to exercise this investment decision-making power and sign relevant legal documents, and the Company's management team will implement relevant matters. For detailed content, please refer to the "Announcement on Using Partially Idle Raised Funds for Cash Management" disclosed by the Company on Juchao Information Network (http://www.cninfo.com.cn) on December 26, 2025 (Announcement No.: 2025-064).
Recently, the Company used a portion of its idle raised funds to purchase wealth management products from a bank. The details are as follows:
I. Basic Situation of Current Idle Raised Funds Cash Management