Lingyi iTech returns 750m yuan in temporary working capital ahead of schedule

Lingyi iTech (Guangdong) Company announced on November 5, 2025, the full return of 75,000 yuan previously used for temporary supplementary working capital. This action was taken ahead of the stipulated 12-month period, which commenced from the board's approval on December 6, 2024. The board initially approved the use of up to 80,000 yuan of idle proceeds for this purpose.

The company affirmed that the temporary allocation of these funds did not impede the progress of its investment projects. Lingyi iTech strictly adhered to relevant laws and regulations during the period the funds were used, ensuring proper arrangement and utilization without altering the original purpose of the proceeds.

As of November 4, 2025, the entire 75,000 yuan has been returned to the dedicated proceeds account. Lingyi iTech has also informed its sponsor institution and sponsor representatives about this repayment, underscoring its commitment to responsible financial management and regulatory compliance.