001313SZSE

Progress Announcement on Using Part of Idle Self-owned Funds for Cash Management

✨ AI Summary

Guangdong Yuehai Feed Group Co., Ltd. has approved the use of up to RMB 1 billion of idle funds for cash management. Recently, its subsidiary utilized RMB 5 million for a low-risk financial product with an expected annual yield of 2.15%-2.7%. The company emphasizes that this cash management will not affect its main business operations and aims to enhance fund efficiency and returns for shareholders.

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Full Translation

AI Translation· azure_openai

Guangdong Yuehai Feed Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

The Company held the 11th meeting of the 4th Board of Directors on November 28, 2025, and the 5th interim shareholders' meeting of 2025 on December 15, 2025, to review and approve the proposal on using part of the idle self-owned funds for cash management. It was agreed that the Company and its subsidiaries would use a maximum of RMB 1 billion of temporarily idle self-owned funds to purchase cash management products issued by banks, securities companies, and other financial institutions that have low risk, high safety, and good liquidity (including but not limited to time deposits, structured deposits, agreement deposits, and wealth management products), with a validity period of 12 months from the date of approval by the shareholders' meeting. The above-mentioned amount can be used in a rolling manner within the specified limit and validity period. For specific details, please refer to the announcement titled "Announcement on Using Part of Idle Self-owned Funds for Cash Management" (Announcement No. 2025-105) published by the Company on November 29, 2025, in the Securities Times, Securities Daily, China Securities Journal, Shanghai Securities Journal, Economic Information Daily, and on the Giant Tide Information Network (http://www.cninfo.com.cn).

The specific progress of this cash management is announced as follows:

1. Progress of Using Part of Idle Self-owned Funds for Cash Management

Recently, the Company's holding subsidiary has used part of its idle self-owned funds for cash management. The specific situation is as follows:

Implementing EntityTrustee NameProduct NameProduct TypeAmount (10,000 RMB)Start DateMaturity DateExpected Annual Yield
Yixing Tianshi Feed Co., Ltd.Nanyin Wealth Management Co., Ltd.Nanyin Wealth Management Zhu Lian Bi He Yue Wen (minimum holding 28 days)Public RMB Wealth Management Product500.002026/4/2-2.15%-2.7%

Note: The Company has no related party relationship with the above bank.

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