001336SZSE

Announcement on Using Idle Own Funds for Entrusted Wealth Management in 2026

✨ AI Summary

Hangzhou Chuhuan Technology Co., Ltd. announces its plan to use up to RMB 400 million in idle own funds for entrusted wealth management. The purpose is to improve fund utilization efficiency and increase returns for the company and shareholders. The plan involves selecting low-to-medium risk, stable financial products and will be effective for 12 months post-shareholder approval.

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Securities Code: 001336 Securities Abbreviation: Chuhuan Technology Announcement Number: 2026-010 Hangzhou Chuhuan Technology Co., Ltd. Announcement on Using Idle Own Funds for Entrusted Wealth Management in 2026

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Key Content Highlights:

  1. Investment Type: Risks will be strictly controlled in accordance with relevant regulations. Investment products will be carefully evaluated and selected, prioritizing financial management products from financial institutions with high safety, good liquidity, low-to-medium risk, and stability.
  2. Investment Amount: Not exceeding RMB 400 million (including RMB 400 million, the same below). Funds within this limit can be used on a revolving basis.
  3. Special Risk Warning: The Company will intervene in a timely and appropriate manner based on changes in the economic situation and financial markets to prevent wealth management risks and ensure the safety and effective appreciation of funds. However, the actual returns from entrusted wealth management are uncertain and may be affected by policy, market, liquidity, yield, credit, operational, and other risks, potentially resulting in returns below expectations. Investors are kindly reminded to be aware of investment risks.

Hangzhou Chuhuan Technology Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of the third Board of Directors on April 26, 2026, and deliberated and approved the "Proposal on Using Idle Own Funds for Entrusted Wealth Management in 2026". The Company (including its subsidiaries, the same below) agreed to use a total of no more than RMB 400 million of idle own funds for entrusted wealth management, purchasing financial management products from financial institutions with high safety, good liquidity, low-to-medium risk, and stability, in order to improve fund utilization efficiency and generate more returns for the Company and shareholders, provided that normal operations and fund safety are not affected. The entrusted wealth management limit will be valid for 12 months from the date of approval by the shareholders' meeting. The Company's Board of Directors proposes that the shareholders' meeting authorize the Company's management to exercise investment decision-making power and sign relevant contracts and documents within the aforementioned limit and period. The specific matters will be organized and implemented by the finance department. This proposal still needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for deliberation.

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