Asymchem Laboratories (06821) cancels part of the raised funds special account.

Asymchem Laboratories (06821) announced that, due to the fact that the funds in certain fundraising projects have been fully used according to regulations, the company has decided to close the fundraising accounts opened at the Tianjin Branch of Shanghai Pudong Development Bank Co., Ltd. and the Tianjin Branch of China Merchants Bank Co., Ltd. in order to manage funds more effectively. As of the date of this announcement, the company has completed the closure procedures for the above-mentioned fundraising accounts and has timely notified the sponsor institution and the sponsor representative. The corresponding fundraising supervision agreements for these accounts have also been terminated.