002215SZSE

Announcement on Using Own Funds to Purchase Principal-Protected Bank Deposit Products

✨ AI Summary

Shenzhen Nuopuxin Crop Science Co., Ltd. announces its board's approval to use up to RMB 1 billion of its idle funds to purchase principal-protected bank deposit products. This initiative aims to enhance fund utilization efficiency and increase company returns. The investment period is 12 months, with funds being rolled over within the approved limit. The company has implemented risk control measures and expects no negative impact on daily operations.

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Shenzhen Nuopuxin Crop Science Co., Ltd. Announcement Stock Code: 002215 Stock Abbreviation: Nuopuxin Announcement No.: 2026-024

Shenzhen Nuopuxin Crop Science Co., Ltd. Announcement on Using Own Funds to Purchase Principal-Protected Bank Deposit Products

The Company and all members of its Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed in this announcement, and that there are no false representations, misleading statements, or material omissions.

Shenzhen Nuopuxin Crop Science Co., Ltd. (hereinafter referred to as the "Company") held the 12th meeting of the Seventh Board of Directors on April 24, 2026, which reviewed and approved the "Proposal on Using Own Funds to Purchase Principal-Protected Bank Deposit Products." This matter falls within the scope of the Board of Directors' authority and does not require submission to the Company's shareholders' meeting for review. The specific details are hereby announced as follows:

I. Investment Overview

(I) Investment Objective To improve the efficiency of fund utilization, reasonably utilize idle own funds, and increase company revenue.

(II) Investment Quota The Company and its subsidiaries plan to use a portion of their idle own funds for investment and wealth management, such as purchasing principal-protected deposit products. The investment amount shall not exceed RMB 1 billion. Within this limit, funds can be used on a rolling basis.

(III) Investment Types To control risks, funds within the aforementioned quota can only be used to purchase deposit products from financial institutions with high security, low risk, and stable characteristics. They cannot be used for securities investment, nor can they be used to purchase bank deposit products with stocks and their derivatives or unsecured bonds as investment targets.

(IV) Source of Funds Idle own funds of the Company and its subsidiaries.

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