Tengda Technology: "Stainless Steel Fastener Expansion and Technological Transformation Project" Completed.

Tenda Technology announced that the first public offering of shares for the "Stainless Steel Fasteners Expansion and Technology Transformation Project" has reached the planned usable state and has decided to close the project. As of the announcement date, there is a remaining balance of 604,800 yuan in the special account corresponding to this project, which will be used to pay the final payment of the contract and warranty deposit. Once the payment is completed, there will be no surplus left, and the special account will be cancelled. The actual net fundraising amount for the company's first public offering of shares is 768 million yuan, with a cumulative investment of 580 million yuan up to the announcement date. The cumulative investment for this fundraising project is 111 million yuan, with an investment progress of 100%.