XDLK: Plans to use its own funds to pay for the investment, and subsequently replace it with an equivalent amount of raised funds

XDLK held a board of directors and supervisory board meeting to review and approve the proposal to use its own funds to pay for the required funds for the fundraising investment projects and to replace them with the equivalent amount of raised funds. The company raised a net amount of 1.354 billion yuan from its initial public offering in 2023. This fundraising investment project involves the development and packaging testing of high-performance MEMS devices. Some fundraising investment projects have been postponed and changed in 2025, with the addition of the "Inertial Measurement Unit Development and Industrialization Project." The use of self-owned funds for replacement is mainly due to payment restrictions and operational inconveniences related to salaries, taxes, and other expenses. This measure will improve the efficiency of fund utilization, save financial costs, and has already gone through the necessary approval procedures, with no objections from the sponsor