Securities Code: 001255 Securities Abbreviation: Bofei Electric Announcement No.: 2026-021
Zhejiang Bofei Electric Co., Ltd.
Announcement on the Progress of Using Part of the Idle Raised Funds for Cash Management
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") held the 22nd meeting of the 3rd Board of Directors and the 17th meeting of the 3rd Supervisory Board on November 28, 2025, and reviewed and approved the "Proposal on Using Part of the Idle Raised Funds for Cash Management." It was agreed that the Company would use temporarily idle raised funds not exceeding RMB 80 million (inclusive) for cash management, provided that it does not affect the construction of investment projects funded by the raised funds and the normal use of the raised funds. The usage period is valid for 12 months from the date of approval by the board of directors, and the Company may roll over the use within the above limit and period.
For specific details, please refer to the announcement "Zhejiang Bofei Electric Co., Ltd. on Using Part of the Idle Raised Funds for Cash Management" disclosed in the Securities Times, Shanghai Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-095).
I. Main Situation of Using Idle Raised Funds to Purchase Financial Products
| No. | Trustee | Product Name | Product Type | Amount (10,000 RMB) | Expected Annualized Yield | Start Date | Maturity Date | Source of Funds | Redemption |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Agricultural Bank of China Co., Ltd. | "Huilifeng" 2026 Year 20th Issue | Customized Corporate Structured Deposit | 5250 | 0.60%/year to 1.00%/year | March 2, 2026 | April 1, 2026 | Raised Funds | No |