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Announcement of Shentong Technology Group Co., Ltd. on the use of temporarily idle raised funds for cash management due redemption_Content_Feilong_Idle

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Original title: Announcement of Shentong Technology Group Co., Ltd. on the use of temporarily idle raised funds for cash management due redemption

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content.

Important content reminder:

● Name of redemption wealth management product: Guotai Junan Securities Junyue Feilong Wubai Customized 2022 Issue 15 Income Certificate

● The redemption amount: RMB 38 million

1. Review procedures to be implemented

Shentong Technology Group Co., Ltd. (hereinafter referred to as the “Company”) held the seventh meeting of the second board of directors and the sixth meeting of the second board of supervisors on March 1, 2022. Proposal for Cash Management. It is agreed that the company will use temporarily idle raised funds with a maximum amount of not more than RMB 89 million (including RMB 89 million) for cash management, and purchase investment products with high safety and liquidity that do not affect the normal operation of the company. The term starts from the second session of the board of directors It is valid for one year from the date of deliberation and approval at the seventh meeting. Within the scope and validity period of the authorized amount, the board of directors of the company authorizes the management of the company to make investment decisions and organize the implementation. The independent directors of the company expressed their agreement on this matter, and the sponsor Orient Securities Co., Ltd. issued an agreed verification opinion on this matter. For details, please refer to the “Announcement of Shentong Technology Group Co., Ltd. on the Use of Temporarily Idle Raised Funds for Cash Management” (No. 2022-018) disclosed on the website of the Shanghai Stock Exchange.

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2. Situation of redemption of wealth management products due to maturity

On May 9, 2022, the company used the temporarily idle raised funds to purchase Guotai Junan Securities Junyue Feilong Wubai custom-made 2022 15th phase income certificate from Guotai Junan Securities Co., Ltd. (hereinafter referred to as “Guotai Junan Securities”) for RMB 38 million. For details, please refer to the “Progress Announcement on the Use of Temporarily Idle Raised Funds for Cash Management” (No. 2022-035) disclosed by the company on the website of the Shanghai Stock Exchange. Recently, the above-mentioned wealth management products have expired for redemption, and the principal and interest of the wealth management products have been fully recovered. The details are as follows:

Special announcement.

Shentong Technology Group Co., Ltd.

Board of Directors

July 13, 2022Return to Sohu, see more

Editor:

Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.

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