Yelight Ming Completes Cancellation of Dedicated Settlement Account for Fund Raising Cash Management

MaticHoleFiller · 2026-03-21T12:45:16+00:00

Zhejiang Yeguangming Photoelectric Technology Co., Ltd. announced on March 16, 2026 that it has deregistered its dedicated settlement account for cash management of raised funds at Huaan Securities. The deregistration was due to the maturity of cash management products in the account and no plans for new purchases. The deregistration will not affect the company's fund usage, and the company will continue to manage raised funds in compliance with regulations.

MaticHoleFiller

2026-03-21 12:45:16

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[Finance News] Zhejiang Yeguangming Optoelectronics Technology Co., Ltd. (Stock Code: 920527, Stock Abbreviation: Yeguangming) announced on March 16, 2026, that it has completed the cancellation procedures for its dedicated cash management settlement account opened at Hua’an Securities Co., Ltd. Hefei Run’an Building Branch.

The announcement states that this dedicated settlement account was previously used for cash management of some idle funds raised by the company. Since all cash management products in the account have matured and been redeemed, and the company has no plans to purchase further cash management products in this account, to standardize the management of raised funds, the company completed the account cancellation on March 13, 2026, in accordance with relevant regulations.

Account Opening Institution
Account Name
Account Number
Status
—
Hua’an Securities Co., Ltd. Hefei Run’an Building Branch
Zhejiang Yeguangming Optoelectronics Technology Co., Ltd.
170038909
This cancellation

It is understood that the opening of this dedicated cash management settlement account was previously disclosed on March 27, 2025, through the “Announcement on Opening a Dedicated Cash Management Settlement Account for Raised Funds” (Announcement No.: 2025-019).

The cancellation of this account will not affect the normal use of the company’s raised funds. The company will continue to strictly comply with relevant laws, regulations, and fund management systems to properly use and manage the raised funds.

The reference document is the “Account Cancellation Business Receipt Form.”

Click to view the original announcement >>

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