Announcement on Investing in Financial Wealth Management Products

✨ AI Summary

Dong-E-E-Jiao Co., Ltd. will invest up to RMB 4 billion in principal-protected or low-risk wealth management products from major partner banks. This initiative aims to enhance fund utilization and profitability without impacting core operations. The board has authorized management to select, sign, and manage these products within the approved limit over the next year.

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Announcement on Investing in Financial Wealth Management Products

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Key Information Highlights:

Investment Target: Dong-E-E-Jiao Co., Ltd. (hereinafter referred to as the "Company" or "Dong-E-E-Jiao") will invest in principal-protected bank structured deposit products or low-risk bank wealth management products from its major partner banks and their subsidiaries, with a single term not exceeding six months (inclusive of six months).
Investment Quota: The total investment shall not exceed RMB 4 billion. Funds within this quota can be used on a revolving basis, and the transaction amount at any point in time within the term (including reinvestment of proceeds from the aforementioned investments) shall not exceed RMB 4 billion.
Special Risk Warning: Although the wealth management products to be purchased are low-risk and yield-oriented, the financial market is significantly influenced by macroeconomic conditions, fiscal, and monetary policies. There is a possibility that this investment may be affected by market fluctuations.

Overview of Investing in Bank Wealth Management Products

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