Securities Code: 001255 Securities Abbreviation: Bofei Electric Announcement No.: 2026-023
Zhejiang Bofei Electric Co., Ltd.
Announcement on the Progress of Financial Assistance Formed Passively After the Sale of Wholly-Owned Subsidiary Equity and Related Transactions
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.
I. Overview of Financial Assistance
Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") held the 24th meeting of the third board of directors on December 31, 2025, and the first extraordinary general meeting of shareholders in 2026 on January 21, 2026, to review and approve the proposal on "Financial Assistance Formed Passively After the Sale of Wholly-Owned Subsidiary Equity and Related Transactions." Due to the transfer of 100% equity of Zhejiang Bofei New Energy Co., Ltd. (hereinafter referred to as "Bofei New Energy"), the total amount of financial assistance formed passively to Bofei New Energy within the scope of the consolidated financial statements of the listed company (excluding Bofei New Energy) is 1.96 million yuan (the final amount of passive financial assistance is subject to audit). For details, please refer to the announcement titled "Financial Assistance Formed Passively After the Sale of Wholly-Owned Subsidiary Equity and Related Transactions" published by the Company on January 6, 2026, in the Securities Times, Shanghai Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2026-002).