Flat Glass Group returns idle funds to special account

Flat Glass Group Co., Ltd. announced that it has fully returned idle raised funds previously used to temporarily supplement working capital. The company's board of directors and supervisory board approved the use of up to 600m yuan of idle raised funds for this purpose on November 18, 2024, for a period not exceeding 12 months. This decision was disclosed on the Shanghai Stock Exchange website on November 19, 2024.

As of November 17, 2025, the company has successfully returned all of these funds to the designated special account for raised funds. The company also confirmed that it has promptly informed its sponsor institution, Guotai Junan Securities Co., Ltd., and its sponsor representatives about the return of these funds.

This action is in line with the initial resolution and demonstrates the company's adherence to its financial commitments regarding the use and return of raised capital. The announcement assures that its content is free from false records, misleading statements, or significant omissions, with the company’s board and directors assuming responsibility for its truthfulness, accuracy, and completeness.