On April 2nd, Jinshi Data reported that Septwolves announced that the company plans to apply for the continued use of idle self-owned funds for securities investment, with a maximum limit of no more than RMB 2 billion for the securities trading amount (investment cost) at any point during the validity period. The usage period will be from the date of approval by the company's 2024 annual general meeting until the date of the 2025 annual general meeting. This limit can be used repeatedly within the validity period. The company retains sufficient cash funds to enhance the efficiency of fund utilization and increase fund returns, planning to conduct securities investment while fully ensuring the company's daily operational funding needs, not affecting the company's normal production and operations, and effectively controlling risks. The company will carry out related securities investments based on actual conditions, either by conducting them independently or by subscribing to shares of contractual private equity securities investment funds
