300608SZSE

Announcement on Early Repayment of Part of the Raised Funds

SITIQ Co., Ltd.··1 page

✨ AI Summary

Beijing Siter Technology Co., Ltd. announced the early repayment of RMB 5 million from temporarily used raised funds. The funds, initially totaling RMB 18 million, were allocated to supplement working capital for business operations. The remaining balance of RMB 17.5 million will be repaid within the stipulated timeframe.

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Full Translation

AI Translation· azure_openai

Beijing Siter Technology Co., Ltd. (hereinafter referred to as "the Company") held the sixth meeting of the fifth board of directors on April 3, 2026, where it reviewed and approved the proposal on the temporary use of part of the idle raised funds to supplement working capital. The Company agreed to use no more than RMB 180 million of idle raised funds temporarily to supplement working capital related to the Company's main business operations, including but not limited to paying daily operating expenses, production and procurement payments

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