Youxun Co., Ltd.: Open a special settlement account for managing the raised capital of 700 million yuan in cash.

YouXun Corporation announced that the company has previously reviewed and approved a proposal to temporarily idle up to 700 million yuan of raised funds for cash management. Recently, the company has opened a special settlement account for cash management of raised funds at China CITIC Bank Xiamen Lujian Road Securities Business Department and China Construction Bank Xiamen Science and Technology Branch, with account numbers 7300007888 and 35150298870100688807 respectively. The company will cancel the accounts when the products mature and there are no plans for future purchases, and has also implemented risk control measures. This cash management will help improve the efficiency of fund utilization, increase returns, and will not affect the company's normal operations.