Glonghui (001338.SZ) announced on December 4, Yongshuntai (001338.SZ) announced that on January 10, 2023, the company held the 30th meeting of the first board of directors and the 13th meeting of the first board of supervisors separately to deliberate and pass the “bill on the use of some idle funds to temporarily supplement working capital”, agreeing that the company will use part of the idle funds not exceeding (inclusive) RMB 20 million to temporarily supplement working capital. The period of use shall not exceed 12 months from the date of review and approval by the company's board of directors.

As of the announcement date, the company has sufficient working capital, and has not used idle funds raised to temporarily supplement working capital. The company has notified the company's sponsor agency and sponsor representative of the above situation.