Sanyangxincai has 75 million yuan in idle fundraising to repay the due balance in full to the designated account.

Announcement from Sanxiang New Materials Co., Ltd.: The company held a meeting on September 19, 2024 to review and approve the temporary use of idle funds not exceeding 75 million yuan from non-public issuance of shares to supplement working capital, with a usage period not exceeding 12 months from the date of board approval. The sponsor organization, Zheshang Securities, has issued a verification opinion. As of September 17, 2025, the company has returned the fundraising funds used for temporary working capital to the dedicated account and notified the sponsor organization and sponsor representative. The board of directors and all directors of the company bear legal responsibility for the truthfulness, accuracy, and completeness of the announcement.