Securities Code: 001255 Securities Abbreviation: Bofei Electric Announcement No.: 2026-026
Zhejiang Bofei Electric Co., Ltd.
Announcement on the Redemption of Cash Management of Part of the Idle Raised Funds
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, to review and approve 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 (including the principal) 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. Redemption of Cash Management of Idle Raised Funds
Purchase Amount Product Income
Trustee Product Name Product Type Start Date Maturity Date Expected Annual Yield
(10,000 RMB) (10,000 RMB)
Agricultural Bank of China "Huilifeng" 2026 No. 5250 Corporate Customized Principal-Guaranteed Floating Income 1,000 March 20, 2026 April 01, 2026 0.60%/year to 1.00%/year