Guangdong Taili Technology Group Co., Ltd. (hereinafter referred to as "the Company" or "Taili Technology") held the 19th meeting of the second board of directors on March 30, 2026, where it reviewed and approved the proposal on the use of part of idle self-owned funds for cash management, agreeing to submit the proposal to the 2025 annual shareholders' meeting for consideration. The relevant information is announced as follows:
I. Situation of Using Idle Self-owned Funds for Cash Management
(1) Purpose of Cash Management
The purpose of cash management is to improve the efficiency of fund utilization, reasonably utilize idle self-owned funds, and ensure the normal operation of the Company (including subsidiaries), while maintaining liquidity and safety. This aims to manage temporarily idle self-owned funds to increase fund returns and provide better investment returns for the Company and its shareholders.
(2) Types of Cash Management Products
The Company intends to purchase cash management products with high safety and good liquidity, ensuring fund safety. Purchase channels include but are not limited to commercial banks, securities companies, and other financial institutions. Products include but are not limited to wealth management products, time deposits, structured deposits, large certificates of deposit, notice deposits, agreed deposits, and income certificates.
(3) Cash Management Limit and Duration
The Company (including subsidiaries) intends to use no more than RMB 400 million (including principal) of idle self-owned funds for cash management, with a validity period of 12 months from the date of approval by the 2025 annual shareholders' meeting. Within the aforementioned limit and duration, funds can be used in a rolling manner, with any cash management amount (including reinvestment of related income) at any point in time not exceeding the cash management limit.
(4) Implementation Method
The above matters can only be implemented after being approved by the shareholders' meeting. Within the effective period and limit, the board of directors will request the shareholders' meeting to authorize the chairman of the Company or authorized persons to select qualified professional wealth management institutions, product types, specify investment amounts, investment periods, sign contracts and related documents, and handle related procedures, with this authorization valid for 12 months from the date of approval by the shareholders' meeting.
(5) Distribution of Cash Management Income
The income obtained from the cash management using part of the idle self-owned funds will be managed and used strictly in accordance with the requirements of the China Securities Regulatory Commission and the Shenzhen Stock Exchange.
(6) Source of Funds
The funds used for cash management are the Company's idle self-owned funds.