Kehua Data fully repays temporary working capital ahead of schedule

Kehua Data Co., Ltd. announced today the full repayment of idle raised funds temporarily used to supplement working capital. The decision to utilize these funds, not exceeding CNY 800 million, was approved on August 29, 2024. The purpose was to enhance the efficiency of capital utilization and reduce financial expenses, while ensuring no impact on the construction of investment projects. The funds were exclusively for production and operations related to the company’s main business.

The repayment period was set not to exceed 12 months from the approval date, or earlier if required by investment projects. As of August 26, 2025, Kehua Data had returned the full amount of idle raised funds, totaling RMB 79,447.67, to the dedicated raised funds account. The company has also informed its sponsor institution and representative about this repayment.