Everwin Precision returns funds used for working capital

Shenzhen Everwin Precision Technology (SZSE:300115) announced that it has returned CNY 928 million of idle raised funds to their designated accounts. The funds had been temporarily used to supplement working capital, as approved by the company's board on July 19, 2024. The initial plan authorized the temporary use of up to CNY 950 million for a period not exceeding 12 months. The company stated that the use of funds did not negatively impact the normal progress of the raised funds investment projects, and that the Lead Underwriter was informed of the return. The return was completed by July 2, 2025, within the approved timeframe.