301536SZSE

China International Capital Corporation Limited's Audit Opinion on Starry Technology Co., Ltd. and its Subsidiaries Using Own Funds for Wealth Management in 2026

SigmaStar Technology Ltd.··4 pages

✨ AI Summary

China International Capital Corporation Limited (CICC) audited Starry Technology's plan to use idle funds for wealth management. The company and its subsidiaries plan to invest up to RMB 4 billion in low-risk, high-liquidity wealth management products. This initiative aims to enhance fund utilization and shareholder returns without impacting daily operations. The plan has been approved by the board and awaits shareholder approval.

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China International Capital Corporation Limited

Audit Opinion on Starry Technology Co., Ltd. and its Subsidiaries Using Own Funds for Wealth Management in 2026

China International Capital Corporation Limited (hereinafter referred to as "CICC" or "Sponsor") is the sponsor of the initial public offering of stocks of Starry Technology Co., Ltd. (hereinafter referred to as "Starry Technology" or "the Company") on the ChiNext market. In accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business," the "Shenzhen Stock Exchange ChiNext Stock Listing Rules," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 2 - Norms for Operation of ChiNext Listed Companies," and other relevant laws, regulations, and normative documents, CICC has audited the matter of Starry Technology using idle own funds for wealth management. The specific audit situation is as follows:

I. Overview of Wealth Management

(I) Investment Objective Since the interest rates of financial institution wealth management products are higher than the current bank demand deposit rates, they offer significant returns. While ensuring that funds required for the Company's daily production and operation are not affected and that fund usage arrangements are reasonable, utilizing idle own funds for short-term wealth management can improve fund utilization efficiency, further enhance the Company's overall returns, and is in the interest of all shareholders.

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