Cong Lin Technology announced that the company held a board meeting on August 12, 2026, and agreed to use no more than 600 million yuan of temporarily idle raised funds for cash management without affecting the fund-raising investment plan and safety, to purchase capital protected wealth management products or deposit products with high security and good liquidity, for no more than 12 months. The resolution is valid for 12 months from the date of review and approval by the board of directors, and the funds can be recycled and used on a rolling basis. The matter does not need to be submitted to the shareholders' meeting for consideration, and the sponsor has no objection to it.

Cong Lin Technology announced that the company held a board meeting on August 12, 2026, and agreed to use no more than 600 million yuan of temporarily idle raised funds for cash management without affecting the fund-raising investment plan and safety, to purchase capital protected wealth management products or deposit products with high security and good liquidity, for no more than 12 months. The resolution is valid for 12 months from the date of review and approval by the board of directors, and the funds can be recycled and used on a rolling basis. The matter does not need to be submitted to the shareholders' meeting for consideration, and the sponsor has no objection to it.