Gelonghui December 7th 丨Nanjing Panda (600775.SH) announced that the 10th interim meeting of the company's board of directors held on December 7, 2022 deliberated and passed the “On Using Idle Funds for Cash Management” bill. In order to improve the efficiency and benefits of capital use, on the basis of allocating daily funds and ensuring that the capital required for normal production and operation is not affected, Nanjing Panda Electronics Co., Ltd. (including its subsidiaries) plans to use idle funds for cash management based on strict risk control and full disclosure of information based on its own capital situation. The investment amount does not exceed RMB 900 million (including 900 million yuan). During the validity period of the board decision, the above investment amount can be invested in a revolving manner and used on a rolling basis.