Guangdong Yuehai Feed Group Co., Ltd. (hereinafter referred to as "the Company") held the 11th meeting of the 4th Board of Directors on November 28, 2025, and the 5th extraordinary general meeting of shareholders on December 15, 2025, where it approved the proposal on the use of part of the idle self-owned funds for cash management. The Company and its subsidiaries are authorized to use a maximum of RMB 1 billion of temporarily idle self-owned funds to purchase low-risk, high-security, and liquid cash management products issued by banks and securities companies (including but not limited to time deposits, structured deposits, agreement deposits, and wealth management products) within 12 months from the date of approval by the shareholders' meeting. The specific details can be found in the announcement published 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) (Announcement No. 2025-105). The specific progress of this matter is announced as follows:
1. Redemption of Cash Management Products Using Idle Self-owned Funds
| Implementing Entity | Trustee Name | Product Name | Product Type | Amount (10,000 RMB) | Start Date | Maturity Date | Expected Annual Yield | Investment Income (10,000 RMB) |
|---|---|---|---|---|---|---|---|---|
| Yixing Tianshi Feed Co., Ltd. | Nanyin Wealth Management Co., Ltd. | Nanyin Wealth Management Dingrui Yuesheng (Minimum Holding 7 Days) - A Share | Open-ended, Fixed Income, Public, Net Value Type | 500.00 | 2026/3/3 | 2026/5/29 | 2.05%-2.6% | 2.02 |