Guanghui Logistics repays temporary working capital early

Guanghui Logistics Co., Ltd. announced the early repayment of 21,350 million yuan in idle raised funds that were temporarily used to supplement working capital. As of December 8, 2025, the company had fully returned the entire amount to its dedicated fundraising account. This action comes after the company's board of directors, during its second meeting in 2025 on June 6, 2025, approved the temporary use of these funds for a period not exceeding 12 months.

The funds originated from a non-public issuance of shares in 2017, with the proceeds arriving on April 26, 2017. The total amount used for temporary working capital was 21,350 million yuan. Of this, 21,093.47 million yuan was directly returned to the dedicated account, while 256.00 million yuan was returned and subsequently utilized for the initial investment projects. An additional 0.53 million yuan remained in the dedicated account, not having been transferred for temporary working capital use.

The company adhered to all legal requirements by notifying its continuous supervision financial advisor and lead underwriter about the return of the raised funds. This early repayment underscores the company's commitment to sound financial practices and effective management of its capital resources.