The new continent plans to use no more than 30% of the idle funds with a net asset value to purchase low-risk financial products.
On September 22, 2025, New Continent Digital Technology Co., Ltd. held the twelfth meeting of the ninth board of directors, and approved the "Proposal on using idle own funds to purchase financial products" at the meeting. The company plans to use up to 30% of the latest audited net assets of idle own funds to invest in standardized financial products with high security, good liquidity, and relatively low risk, such as government bonds, capital-guaranteed financial products, etc. The authorization period is one year from the date of the board resolution. Although the products are low-risk, they may still be affected by macroeconomic factors, and market volatility risks cannot be excluded. The company has established relevant systems to control risks, and the investment funds will not affect daily operations, but will also improve the efficiency of fund utilization. This matter does not require approval from the shareholders' meeting and does not constitute a related party transaction.
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