Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) : Announcement on the use of some idle raised funds for cash management and due redemption

Securities code: 300882 securities abbreviation: Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) Announcement No.: 2022-009 Zhejiang Wellsun Intelligent Technology Co.Ltd(300882)

Announcement on the use of some idle raised funds for cash management and due redemption

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) (hereinafter referred to as “the company”) held the third meeting of the third board of directors and the third meeting of the third board of supervisors on September 18, 2021, deliberated and adopted the proposal on cash management with some idle raised funds and self owned funds, and agreed that the company would not affect the construction of investment projects with raised funds and the normal operation of the company, Use idle funds of no more than 380 million yuan (including 380 million yuan) for cash management, of which idle raised funds of no more than 80 million yuan (including 80 million yuan) are used for principal guaranteed financial products with high security, good liquidity and low risk (including but not limited to structural deposits, time deposits and reverse repurchase of national bonds), Use idle self owned funds of no more than 300 million yuan (including 300 million yuan) to purchase low-risk financial products (including but not limited to bank financial management, trust products, income certificates, structured deposits, etc.). The term of use shall be valid within 12 months from the date of deliberation and approval by the board of directors. Within the aforesaid quota and term, the funds can be used in a circular and rolling manner; And agree to authorize the company’s operation and management to exercise the investment decision-making power and sign relevant contracts and documents within the above validity period and capital limit, and the specific matters shall be organized and implemented by the company’s financial department.

For details, please refer to cninfo.com, the gem information disclosure website designated by the CSRC on September 22, 2021（ http://www.cn.info.com.cn. ）Announcement on cash management using some idle raised funds and self owned funds (Announcement No.: 2021-063).

Recently, the cash management products purchased by the company with some idle raised funds have been redeemed due. The specific situation is hereby announced as follows:

1、 Redemption of cash management products purchased with some idle raised funds at maturity

Order trustee product name product amount value interest maturity actual income number type (10000 yuan) date (10000 yuan)

Shanghai Pudong faduoduo company Wenli 22jg3015 breakeven floating

1. Share term of China Development Bank (1-month outlet exclusive section B) movable income 3000.00 2022 January 2022 February 7.75 Limited Company Taiwan RMB corporate structured deposit July 7

Taizhou Tiantai sub branch

2、 As of the date of this announcement, the company has used idle raised funds for cash management in the first 12 months

For details of the use of idle funds raised by the company 12 months before the announcement:

Order trustee product name product amount value interest maturity actual income record number type (10000 yuan) date (10000 yuan) note