Shining3D Tech Co., Ltd. plans to use no more than 1.6 billion yuan in idle own funds for cash management, specifically for purchasing financial products.

Image source: Announcement on the use of temporarily idle own funds for cash management by Shining 3D

DentalGoodNews | On April 10, 2026, Shining3D Tech Co., Ltd. (Stock Code: 830978) held the sixth meetings of its Board of Directors and Audit Committee respectively on the same day. Both meetings reviewed and passed a proposal regarding the use of temporarily idle own funds for cash management. The proposal authorizes the management to use idle own funds, with a total amount not exceeding 1.6 billion yuan (inclusive), to purchase financial products with high safety and good liquidity. This proposal still needs to be submitted to the shareholders' meeting for deliberation.

The upper limit for this financial management quota is 1.6 billion yuan, with the funds sourced from the company's and its subsidiaries' own capital. Within the aforementioned quota, the funds can be used in a rolling manner. The validity period is 12 months from the date of approval by the 2025 Annual Shareholders' Meeting. The management is authorized to exercise relevant investment decision-making power and sign relevant documents within the quota and time limit, with the Finance Department responsible for specific handling matters. The announcement clarifies that this financial management matter does not constitute a connected transaction.

The risk control measures listed in the announcement show that the company's Finance Department will conduct continuous tracking and analysis of investment products to ensure fund liquidity and safety; the Board of Directors and the Audit Committee retain the right to inspect and supervise the use of funds. Shining3D stated in the announcement that this move does not affect the normal turnover of the company's daily funds or the normal operation of its main business, aiming to improve the efficiency of idle fund utilization and increase company revenue.

The announcement was released on April 13, 2026. Disclosed on the same day were also the resolutions of the Sixth Session of the Sixth Board of Directors and related resolutions of the Audit Committee. According to Shining3D's notification announcement, its 2025 Annual Shareholders' Meeting is scheduled for May 8, 2026, where this proposal will be voted on.

Image source: Shining 3D 2025 Annual Report

According to previous reports by DGN, Shining3D's operating revenue for 2025 reached 1.575 billion yuan, a year-on-year increase of 31.03%, with Net Profit Attributable to Shareholders of the Parent Company at 425 million yuan, a year-on-year increase of approximately 100.04%. The company is currently advancing its listing on the Beijing Stock Exchange (BSE), planning to raise 550 million yuan, mainly for projects such as the research and development of high-precision digital dental implant technology. On March 31 this year, the IPO review was suspended due to the expiration of financial reports and will apply for resumption after updating the audit materials.