Shanghai Hanxun Information Technology Co., Ltd. Announcement on the Progress of Using Part of Raised Funds for Cash Management
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Shanghai Hanxun Information Technology Co., Ltd. (hereinafter referred to as the "Company") held the Fifth Meeting of the Fourth Board of Directors on April 26, 2026, and the 2025 Annual Shareholders' Meeting on May 20, 2026. The proposal "On Using Part of Idle Raised Funds for Cash Management" was reviewed and approved, agreeing to use no more than RMB 350 million (inclusive) of idle raised funds for cash management, for purchasing wealth management products or structured deposits with high security and liquidity, large-denomination certificates of deposit, etc. The term of use is valid from the date of approval by the 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting. Within the above limit and term, funds can be used on a revolving basis. At the same time, the Company's Chairman and his authorized representatives are authorized to sign relevant contracts and handle related matters within the approved limit by the Shareholders' Meeting. The Company's finance department will be responsible for organization, implementation, and management.
The Company's sponsor institution has issued a clear opinion of consent on the matter of cash management of raised funds. For details, please refer to the "Announcement on Using Part of Idle Raised Funds for Cash Management" disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on April 28, 2026 (Announcement No.: 2026-023).
According to the above resolution and authorization, the Company has recently used idle raised funds for cash management. The relevant situation is hereby announced as follows:
I. Main Content of Using Part of Idle Raised Funds for Cash Management
| No. | Signing Bank | Product Name | Product Type | Fund Source | Amount (RMB 10,000) | Start Date | End Date | Expected Annualized Yield (%) |
|---|---|---|---|---|---|---|---|---|
| 1 | China CITIC Bank | Winning Wisdom Interest-Linked RMB Structured Deposit A38403 | Structured Deposit | Raised Funds | 3,200 | 2026-06-18 | 2026-08-14 | 1.00% or 1.62% |
The above product is a structured deposit with high security.
II. Approval Procedures
The proposal "On Using Part of Idle Raised Funds for Cash Management" has been reviewed and approved by the Fifth Meeting of the Fourth Board of Directors and the 2025 Annual Shareholders' Meeting. The Company's sponsor institution has issued a clear opinion of consent. The amount and term for the Company's use of idle raised funds for cash management are within the approved scope.
III. Statement on Related Party Transactions
The Company has no related party relationship with the signing bank.
IV. Investment Risk Analysis and Risk Control Measures