Springlight Group: Open a dedicated settlement account for cash management of idle raised funds.

The Spring Group announced that the company agreed to use no more than 380 million yuan of idle funds for cash management on July 9, 2026, among which idle raised funds will not exceed 300 million yuan and idle self-owned funds will not exceed 80 million yuan, with a validity period of 12 months. Recently, due to the need for cash management of the raised funds, the company has opened three specialized settlement accounts for idle raised funds cash management, which are established with China International Capital Corporation Wealth Securities, CITIC Securities, and Bank of China, respectively. These accounts are only for the settlement of idle raised funds cash management and will not affect the usage of raised funds and project construction, benefiting the preservation and appreciation of funds.