Zhejiang Southeast Steel Structure 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 major omissions.
On March 10, 2026, the Company held the 30th meeting of the 8th Board of Directors, where the proposal on the use of idle self-owned funds for cash management in 2026 was approved. To improve fund utilization efficiency and reasonably utilize idle self-owned funds, while ensuring the daily operational funding needs of the Company and its subsidiaries, it was agreed that the Company and its subsidiaries would use idle self-owned funds not exceeding RMB 1 billion (or equivalent foreign currency) to purchase financial products in 2026. The validity period is one year from the date of the Board's approval, during which the above limit can be used in a rolling manner, with the total amount of unexpired investment products at any point not exceeding RMB 1 billion (or equivalent foreign currency). This matter has been approved by the Company's Board of Directors and does not require submission to the shareholders' meeting for approval. This matter does not involve related party transactions and does not constitute a major asset reorganization as defined in the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
1. Investment Overview
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Investment Purpose
The purpose is to improve the fund utilization efficiency of the Company and its subsidiaries, reasonably utilize idle self-owned funds, and plan to use idle self-owned funds for cash management to purchase low-risk financial products, thereby increasing the Company's returns without affecting the normal operations and safety of funds. -
Investment Limit
The Company and its subsidiaries plan to use a maximum limit of not exceeding RMB 1 billion (or equivalent foreign currency) of idle self-owned funds to purchase financial products, valid for 12 months from the date of the Board's approval. Within the aforementioned limit and period, funds can be rolled over for investment, but not cumulatively calculated, meaning that the total amount of unexpired investment products held at any point during the investment period shall not exceed RMB 1 billion (or equivalent foreign currency). -
Investment Types
To control risks, the Company and its subsidiaries will use idle self-owned funds to purchase low-risk financial products that are highly secure, liquid, and short-term (not exceeding 12 months). The issuers should be reputable financial institutions, including but not limited to commercial banks, trust companies, securities companies, funds, and asset management companies.