Rewei Co., Ltd.: Completion of fundraising project, 212 million yuan of surplus funds intended for replenishment.

The announcement from Rewei Co., Ltd. states that the three fundraising projects, including the "expansion project for the annual production of 40 million electric heating components," have all reached the predetermined usable status. The company plans to conclude these projects and permanently supplement the remaining raised funds of 212 million yuan to its working capital for daily production operations. This matter has been approved by the sixth meeting of the third board of directors and is pending submission for shareholder meeting approval. The sponsoring institution has issued an unreserved verification opinion.