JTF International reallocates RMB 3.47 million IPO proceeds to working capital, general corporate purposes

• JTF International issued a supplemental statement clarifying its IPO proceeds reallocation in its FY2025 annual report.
• Suspended the Zengcheng Oil Depot wharf berth upgrade, citing prolonged COVID-19 disruption and continued uncertainty over government approvals.
• Terminated the lead contractor contract; design and survey work had been largely completed in December 2019.
• Reallocated RMB 3.47 million to working capital and general corporate purposes; fully used during FY2025.
• Spending included RMB 2.08 million in transportation costs, RMB 1.39 million for short-term leases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JTF International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260811-12279784), on August 11, 2026, and is solely responsible for the information contained therein.