Chinastars: Plans to use no more than 310 million yuan of idle raised funds for cash management

Chinastars announced that the company will hold the tenth meeting of the fourth board of directors on October 24, 2025, to review and approve the proposal to use temporarily idle raised funds not exceeding 310 million yuan for cash management. The validity period is no more than 12 months from the date of approval by this board meeting, and the funds can be used on a rolling basis for purchasing safe, highly liquid principal-protected products. As of September 30, 2025, the company has used excess raised funds to invest in construction projects amounting to 118 million yuan. The company has previously used idle raised funds for cash management multiple times