Zhangyue Technology: planning to use up to 172 million yuan of idle funds raised to carry out cash management.

Palm Reading Technology announced that in 2020, the company raised 1.061 billion yuan through a non-public offering of shares, with a net amount of 1.038 billion yuan after deducting expenses. As of 2025, a total of 905 million yuan has been used, and there is unused or surplus funds of 172 million yuan. Previously, in January 2025, the company agreed to use up to 310 million yuan of idle funds for cash management. On December 22, 2025, the 13th meeting of the fourth board of directors of the company passed a resolution to use up to 172 million yuan of idle raised funds for cash management, with a term of 12 months, and the funds can be used on a rolling basis to purchase principal-protected products. The sponsor institution believes that this matter is compliant and in the interests of the company and all shareholders.