002335SZSE

Announcement on Carrying Out Bill Pool Business

KEHUA DATA CO.,LTD.·

✨ AI Summary

Kehua Data Co., Ltd. plans to conduct bill pool business with domestic commercial banks, with a short-term balance not exceeding RMB 500 million. This aims to centralize management of accounts receivable, optimize capital utilization, and reduce financing costs. The business will be conducted from the 2025 annual shareholder meeting to the 2026 annual shareholder meeting.

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Full Translation

AI Translation· gemini_document

Stock Code: 002335 Stock Abbreviation: Kehua Data Announcement No.: 2026-011 Kehua Data Co., Ltd. Announcement on Carrying Out Bill Pool Business The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the contents of this announcement and assume joint and several liability for any false representations, misleading statements, or material omissions therein. Kehua Data Co., Ltd. (hereinafter referred to as the "Company") held the second meeting of the tenth Board of Directors on April 24, 2026, and reviewed and approved the "Proposal on Carrying Out Bill Pool Business." In accordance with the actual operating needs of the Company and its holding subsidiaries/grand-subsidiaries, the Company plans to conduct bill pool business with domestic commercial banks, with a total short-term balance not exceeding RMB 500 million. The term of this business will be from the date of the resolution of the 2025 annual shareholders' meeting to the date of the 2026 annual shareholders' meeting. In accordance with the "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange" and the "Articles of Association," this matter is subject to approval by the Company's shareholders' meeting to take effect. The relevant matters are hereby announced as follows: I. Overview of Bill Pool Business (I) Business Overview: Bill pool business is a comprehensive bill management service product that integrates bill pool pledge financing, bill collection, bill custody, and bill discounting. The Company and its holding subsidiaries/grand-subsidiaries pledge commercial bills held by them to cooperative banks, forming corresponding bill pool credit lines. Within the credit line, the Company and its holding subsidiaries/grand-subsidiaries can carry out specific financing business. Upon maturity of the pledged bills by the Company and its holding subsidiaries/grand-subsidiaries, the cooperative bank will collect them. The collected funds will enter a special margin account for bill pool pledge financing business, forming a bill pool margin, which will continue to provide guarantees for specific financing business under the bill pool business within the bill pool credit line. (II) Cooperative Banks: The cooperative banks for the bill pool business are commercial banks with good credit standing. The specific cooperative banks will be determined by the Company's finance department after comparing the business conditions of various banks based on specific business needs and reporting to the Company's Chairman for approval. (III) Credit Line Determination: The Company and its holding subsidiaries/grand-subsidiaries will share a bill pool business credit line not exceeding RMB 500 million. This credit line is for the cumulative short-term balance of p

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