002279SZSE

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

✨ AI Summary

Beijing Jiuxi Software Co., Ltd. has received approval to use up to RMB 800 million of idle funds for entrusted wealth management. As of the announcement date, RMB 575 million has been invested in various financial products. The company aims to enhance fund efficiency while ensuring operational safety and compliance with relevant regulations.

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Full Translation

AI Translation· azure_openai

Beijing Jiuxi Software 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 false records, misleading statements, or significant omissions.

The Company held its 2025 Annual General Meeting on May 20, 2026, where it approved the proposal to continue using idle self-owned funds for entrusted wealth management. The Company and its subsidiaries are authorized to use a total of no more than RMB 800 million of idle self-owned funds for entrusted wealth management, under the condition that it does not affect the daily operational needs. The funds will be used to purchase liquid, low to medium-risk financial products managed by professional wealth management institutions such as banks, trusts, securities, funds, futures, insurance asset management companies, financial asset investment companies, and private equity fund managers. The investment period will not exceed 12 months, and within the aforementioned limits and duration, the funds can be rolled over. For specific details, please refer to the announcements disclosed by the Company on April 25, 2026, and May 21, 2026, in the "China Securities Journal," "Securities Times," and on the website of Giant Tide Information (www.cninfo.com.cn).

1. Basic Situation of Using Self-owned Funds for Entrusted Wealth Management

Recently, the Company and its subsidiaries have used idle self-owned funds for entrusted wealth management as detailed in the table below:

SubscriberIssuerProduct NameProduct TypeSubscription AmountStart DateMaturity DateExpected RateActual Yield
Beijing Jiuxi Software Co., Ltd.Xingyin Wealth Management Co., Ltd.Stable Income ESG Weekly 58 (7-day minimum holding period)Fixed Income Wealth Management Product1,0002026-03-31N/A1.98%-2.62%Not redeemed
Beijing Jiuxi Software Co., Ltd.Jianxin Wealth Management Co., Ltd.Jianxin Wealth Management Jiaxin (Stable Income)Closed-end Fixed Income Product 2026 No. 3952,0002026-04-012026-07-151.85%-2.15%Not redeemed
Beijing Jiuxi Software Co., Ltd.Puyin Wealth Management Co., Ltd.Puyin Wealth Management Qianxin Exclusive ProductNon-principal guaranteed floating income type1,5002026-04-022026-07-092.00%-2.10%Not redeemed

The Company and its subsidiaries have no related party relationships with Xingyin Wealth Management Co., Ltd., Jianxin Wealth Management Co., Ltd., Puyin Wealth Management Co., Ltd., China Foreign Economic and Trade Trust Co., Ltd., Huaxia Wealth Management Co., Ltd., Haitong Futures Co., Ltd., and Agricultural Bank of China Wealth Management Co., Ltd. As of the date of this announcement, the principal of the entrusted wealth management using self-owned funds that has not been redeemed by the Company and its subsidiaries is RMB 575 million, which does not exceed the approved total of RMB 800 million.

2. Investment Risks and Risk Control Measures

  1. Investment Risks
    The financial market is significantly influenced by macroeconomic factors, and it cannot be ruled out that this investment may be affected by market fluctuations. Additionally, there are credit risks, market risks, liquidity risks, and policy risks. The actual returns of entrusted wealth management cannot be predicted as some financial products have expected returns, and the Company will implement them in a timely and appropriate manner based on economic conditions and changes in the financial market. There are also operational risks from relevant personnel and supervisory control risks.

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