Securities Code: 001255 Securities Abbreviation: Bofei Electric Announcement No.: 2026-051
Zhejiang Bofei Electric Co., Ltd.
Announcement on the Redemption of Wealth Management Products Using Partially Idle Raised Funds
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as the "Company") held the twenty-second meeting of the Third Board of Directors and the seventeenth meeting of the Third Supervisory Board on November 28, 2025. The meeting deliberated and approved the "Proposal on Using Part of Idle Raised Funds for Wealth Management". It was agreed that the Company would use a total amount not exceeding RMB 8,000,000,000 (inclusive) of temporarily idle raised funds for wealth management, provided that the construction of investment projects and the normal use of raised funds are not affected. The term of use is valid for 12 months from the date of approval by the Board of Directors, and the Company can use it on a rolling basis within the above amount and period.
For details, please refer to the "Announcement on the Use of Part of Idle Raised Funds for Wealth Management" (Announcement No.: 2025-095) disclosed in the "Securities Times", "Shanghai Securities News", and the official website of the Shenzhen Stock Exchange (www.cninfo.com.cn).