Anhui Qiangbang New Materials Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On April 27, 2026, the Company held the tenth meeting of the second Board of Directors and on May 19, 2026, the annual general meeting of shareholders for 2025, where it reviewed and approved the proposal on the use of part of the idle raised funds for cash management. The Company and its subsidiaries are authorized to use no more than RMB 220 million of temporarily idle raised funds for cash management, with a usage period of 12 months from the date of approval at the annual general meeting. Within the above limit and period, the funds can be used in a rolling manner. For specific details, please refer to the announcement disclosed by the Company on April 28, 2026, on the Giant Tide Information Network (www.cninfo.com.cn) titled "Announcement on the Use of Part of Idle Raised Funds for Cash Management" (Announcement No.: 2026-014).
Recently, the Company has used part of the idle raised funds to purchase the following wealth management products, and hereby announces the relevant matters as follows:
1. Situation of Using Part of Idle Raised Funds to Purchase Wealth Management Products
| No. | Company Name | Product Name | Trustee | Product Yield Type | Subscription Amount (10,000 RMB) | Product Start Date | Product Maturity Date | Expected Annual Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | Jielun 26034 No. SSHZ23 | Guotai Junan Securities Co., Ltd. | Guaranteed Floating Yield | 2,000.00 | 2026-05-26 | 2026-08-25 | 1.450%-No Upper Limit | |
| 2 | Yaorui 26047 No. SSHZ22 | Guotai Junan Securities Co., Ltd. | Guaranteed Floating Yield | 2,000.00 | 2026-05-26 | 2026-08-25 | 1.200%-2.640% | |
| 3 | Yaorui 26048 No. SSHZ34 | Guotai Junan Securities Co., Ltd. | Guaranteed Floating Yield | 2,000.00 | 2026-05-26 | 2026-11-25 | 1.200%-2.880% |
2. Approval Procedures
- As of the date of this announcement, the total amount and duration of wealth management products purchased by the Company and its subsidiaries using idle raised funds have not exceeded the authorization scope granted at the 2025 annual general meeting.
- The Company and its subsidiaries have no related party relationship with Guotai Junan Securities Co., Ltd.