Bright Laser Technologies increases related-party transaction cap, expands cash management

Xi'an Bright Laser Technologies Co., Ltd. has approved an increase in its estimated caps for recurring related-party transactions for 2025, specifically for purchasing raw materials from Beijing Precise Control Technology Co., Ltd. The initial estimated amount of 3,500.00 yuan was raised by 2,000.00 yuan, resulting in a new total estimated cap of 5,500.00 yuan. This adjustment is attributed to the company's business expansion and increased orders. The transaction is deemed fair and not detrimental to the company's independence or shareholder interests. This resolution was approved by the board of directors and the audit committee, with related-party directors abstaining, and does not require shareholder approval.

In a related development, the company's wholly-owned subsidiary will increase its use of temporarily idle raised funds for cash management. An additional 18,000.00 yuan is approved for investment in low-risk, high-liquidity, capital-guaranteed products, bringing the total planned cash management for the company and its subsidiaries to 108,000.00 yuan. This decision aims to enhance the efficiency of funds, ensure the safety of the raised capital, and generate returns without impacting the progress of fundraising projects.