Hunan Hualian Ceramics Co., Ltd. (hereinafter referred to as "the Company") held the eighth meeting of the sixth board of directors on May 19, 2026, where it approved the proposal on the use of part of the idle raised funds and self-owned funds for cash management. The board agreed to use no more than RMB 50 million of self-owned funds and no more than RMB 40 million of idle raised funds for cash management, ensuring that it does not affect the construction of investment projects funded by raised funds and normal operations. The funds can be reused within the above limits. To improve work efficiency, the board authorized the management to implement the above matters, which are valid for 12 months from the date of board approval. Recently, the Company signed agreements with the Liling Branch of Bank of China Co., Ltd. and CITIC Securities Co., Ltd. to purchase wealth management products, using RMB 20 million of idle raised funds and RMB 2 million of self-owned funds. The relevant situation is announced as follows:
- Basic Information on the Purchase of Wealth Management Products
| Company Name | Product Name | Product Type | Trustee Institution | Investment Amount (10,000 RMB) | Start Date | Maturity Date | Source of Funds | Expected Annual Yield | Capital Protection | Related Party Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Hualian Ceramics | RMB Structured Deposit | Capital Protected Floating Yield | Bank of China Co., Ltd. Liling Branch | 20,000 | June 5, 2026 | August 28, 2026 | Raised Funds | Minimum Annual Yield 0.5000%, Maximum Annual Yield 1.8500% | No Related Party | |
| Hualian Ceramics | Xinzhi Ruiying Series [570] Income Certificate | Floating Yield Certificate | CITIC Securities Co., Ltd. | 2,000 | June 3, 2026 | June 2, 2027 | Self-owned Funds | 0.1%-2.5% | No Related Party |