Shangteng New Materials: Will allocate the remaining funds of 66.7689 million yuan from the fundraising project to permanently supplement working capital.

Shangteng New Materials Announcement: The company held a board of directors and board of supervisors meeting on December 12, 2025, and approved the proposal "Regarding the completion of some investment projects and the permanent supplement of remaining raised funds for working capital." It was agreed to complete the "Optoelectronic Thin Film Device Production Project" and permanently supplement the remaining raised funds of 66.789 million yuan for working capital. The total investment for this project is 241 million yuan, with a cumulative use of raised funds of 141 million yuan and a net amount of 4.489 million yuan after deducting interest income and fees. There is still an outstanding payment of 38.333 million yuan for the project. The remaining funds will be used for the company's daily operational needs to improve fund utilization efficiency, reduce operating costs, and enhance operational efficiency. This proposal still needs to be submitted to the shareholders' meeting for approval.