Shanshui Technology plans to use the oversubscribed funds of 10.17 million yuan to permanently supplement the cash flow, subject to approval at the shareholders' meeting.

On September 12, 2025, the 16th meeting of the third session of the board of directors of Jiujian Shanshui Technology Co., Ltd. approved the proposal on the permanent supplement of working capital using part of the over-raised funds, which still requires approval by the shareholders' meeting. The company raised a net amount of 1.384 billion yuan in December 2021. Previously, a total of 63.54 million yuan of over-raised funds had been used from 2022 to 2024. As of August 31, 2025, there was a remaining over-raised fund of 10.1722 million yuan. The company plans to use this fund to permanently supplement working capital, accounting for approximately 14.34% of the total over-raised funds, for the main production and operation of the business. The company pledges not to engage in risk investment and financial support within 12 months after the supplement, and the cumulative supplement within each 12-month period shall not exceed 30% of the total over-raised funds.