Reedek: The planned investment of convertible bonds raised funds will be extended to December 31, 2025.
Redek Announcement: The 15th meeting of the fourth board of directors and the 15th meeting of the fourth board of supervisors of the company approved the proposal on the extension of the investment projects for raising funds. Based on the actual progress of the construction of the investment projects funded by the issuance of convertible corporate bonds, the company plans to extend the deadline for the "Truck Wheel Hub Tapered Roller Bearing Construction Project" and "Training Center and Mold Center Project" to reach the designated usable state to December 31, 2025. As of May 31, 2025, the balance of funds raised is 80.6842 million yuan.
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