Ningbo Lian Technology Co., Ltd. Announcement on the Maturity and Redemption of Wealth Management Products Using Partially Idle Raised Funds
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.
Ningbo Lian Technology Co., Ltd. (hereinafter referred to as the "Company" or "Lian Technology") at the 17th meeting of the Third Board of Directors and the 13th meeting of the Third Supervisory Board held on June 24, 2025, deliberated and approved the "Proposal on Using Part of Temporarily Idle Raised Funds for Wealth Management." It was agreed that the Company would use no more than RMB 110 million (inclusive) of temporarily idle raised funds for wealth management, with a validity period of 12 months from the date of deliberation and approval by the Board of Directors. Within the aforementioned amount and validity period, the funds can be used in a revolving manner. For details, please refer to the "Announcement on Using Part of Temporarily Idle Raised Funds for Wealth Management" (Announcement No.: 2025-050) published by the Company on the Juchao Information Network (www.cninfo.com.cn) on June 25, 2025.
Recently, the Company has redeemed wealth management products funded by part of the temporarily idle raised funds within the authorized scope upon maturity. The relevant progress is hereby announced as follows:
I. Maturity and Redemption of Wealth Management Products