Moor Threads: Plan to use RMB 196 million of raised funds to replace pre-invested self-raised funds and issuance expenses.

Moore Threads announced that the company held a meeting on January 21, 2026, to review and approve the proposal to use the raised funds to replace the self-raised funds and the pre-paid issuance expenses for the pre-investment project. As of January 12, 2026, the company had pre-invested 178.88 million yuan in the pre-investment project with self-raised funds and had paid 17.6 million yuan in issuance expenses, with a total replacement amount of 196.48 million yuan. The time for this fundraising replacement does not exceed 6 months from receipt, meets regulatory requirements, and does not require approval from the shareholders' meeting. The auditing, accounting, and sponsoring parties all expressed their approval.