TQM plans to temporarily supplement liquidity with no more than 160 million yuan of idle raised funds, with a term not exceeding 12 months

On October 17, 2025, TQM held a relevant meeting to review and approve the proposal to temporarily supplement working capital using part of the idle raised funds, with an amount not exceeding 160 million yuan and a term not exceeding 12 months. In January 2020, the company publicly issued convertible bonds to raise 471 million yuan. As of September 30, 2025, a total of 219.7129 million yuan had been used, with a balance of 2.6328 million yuan in the special storage account. Previously, the company had used no more than 265 million yuan of idle raised funds for working capital and had already repaid it. This usage will not affect the fundraising investment projects, and both the supervisory board and the sponsoring institution stated that it complies with regulatory requirements, can improve the efficiency of fund utilization, and does not change the purpose in a disguised manner or harm the interests of shareholders