Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Reminder:
- The Company intends to transfer 100% equity of its wholly-owned subsidiary, Zhejiang Bofei New Energy Technology Co., Ltd. (hereinafter referred to as "Bofei New Energy"), to Haining Economic Development Zone Development Co., Ltd. (hereinafter referred to as "Haining Development Company") for a transaction price of RMB 38.5225 million. After the completion of this transaction, Bofei New Energy will no longer be included in the Company's consolidated financial statements.
- As of December 31, 2025, the loan balance provided by the Company to Bofei New Energy is RMB 1.96 million. This amount is a routine operational loan provided by the Company to support Bofei New Energy's daily operations from July 1, 2025, until the completion of the equity transfer. According to the commitment letter issued by Bofei New Energy, this amount is expected to be repaid by March 31, 2026.
- This passive financial assistance and related transaction matter still needs to be submitted to the Company's shareholders' meeting for deliberation. Investors are advised to make cautious decisions and pay attention to investment risks.