002026SZSE

Progress Announcement on Using Idle Self-owned Funds for Entrusted Wealth Management

Shandong Weida Machinery Co., Ltd.··7 pages

✨ AI Summary

Shandong Weida Machinery Co., Ltd. plans to utilize up to RMB 1.3 billion of idle self-owned funds for entrusted wealth management. The board approved this decision on December 30, 2025, with a term from January 1, 2026, to December 31, 2026. The company has already purchased multiple wealth management products from various banks, with a total investment of RMB 108,257,000 as of June 4, 2026.

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Full Translation

AI Translation· azure_openai

Shandong Weida Machinery Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or major omissions.

On December 30, 2025, the Company held the sixth extraordinary meeting of the tenth Board of Directors, which approved the proposal on using idle self-owned funds for entrusted wealth management. To fully utilize the Company's idle self-owned funds, the Company plans to use no more than RMB 1.3 billion of idle self-owned funds for entrusted wealth management. Within the above limit, the funds can be used on a rolling basis, and the total amount for entrusted wealth management at any time (including the reinvestment of the aforementioned investment returns) shall not exceed RMB 1.3 billion, with a term from January 1, 2026, to December 31, 2026. For detailed information, please refer to the announcement published by the Company on December 31, 2025, in the "China Securities Journal," "Securities Times," and on the website http://www.cninfo.com.cn (Announcement No.: 2025-078).

According to the above Board resolution, the Company has recently purchased eleven wealth management products from Weihai Commercial Bank Co., Ltd. Wendeng Branch (hereinafter referred to as "Weihai Bank"), Qingdao Bank Co., Ltd. Wendeng Branch (hereinafter referred to as "Qingdao Bank"), CITIC Bank Co., Ltd. Wendeng Branch (hereinafter referred to as "CITIC Bank"), and China Minsheng Bank Co., Ltd. Wendeng Branch (hereinafter referred to as "Minsheng Bank"). The relevant situation is announced as follows:

1. Main Situation of Purchasing Wealth Management Products

(1) Main Situation of Wealth Management Products

Signing PartyWealth Management Product NameProduct TypeSubscription AmountExpected Annual YieldInvestment TermPurchase DateRedemption Date
CITIC BankXinyin Wealth Management AnYing Xiang Fixed Income Stable Daily Open Wealth Management ProductOpen-ended Fixed Income8,370.001.50%-2.50%2026-04-172026-04-22
3,000.002026-04-282026-05-25
3,000.002026-05-07Anytime Redeem
2,700.002026-05-12Anytime Redeem
5,200.002026-06-02Anytime Redeem
Weihai BankYunan Commercial Wealth Management Xingshi Weile Enjoy 7-Day Fixed Open No. 1 Wealth Management ProductNon-principal Guaranteed Floating Income3,000.002.00%-3.00%2026-05-08Anytime Redeem
Qingdao BankSuduo Sudu Daily Open Salary (Net Value Type) Wealth Management ProductNon-principal Guaranteed Floating Income3,000.001.70%2026-04-242026-04-27
400.002026-04-302026-05-06
4,800.002026-04-302026-05-08
3,700.002026-05-082026-05-11
Minsheng BankMinsheng Wealth Management Guizhu Fixed Income Increase Weekly Profit 7-Day Holding Period Wealth Management ProductNon-principal Guaranteed Floating Income3,000.002.05%2026-06-04Anytime Redeem

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