002350SZSE

Announcement on Progress of Wealth Management Using Idle Own Funds

Beijing Keri Co., Ltd.·

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Beijing Ke Rui Group Co., Ltd. announced progress on its wealth management plan. The company and its subsidiaries have invested 50 million RMB in structured deposits with Huaxia Bank and 50 million RMB with Bank of Ningbo. These investments are low-risk, principal-protected products, aimed at maximizing returns on idle funds without impacting daily operations or core business.

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Announcement on Progress of Wealth Management Using Idle Own Funds

Securities Code: 002350 Securities Abbreviation: Beijing Ke Rui Announcement No.: 2026-020

Beijing Ke Rui Group Co., Ltd.

Announcement on Progress of Wealth Management Using Idle Own Funds

The Company and all members of its board of directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Beijing Ke Rui Group Co., Ltd. (hereinafter referred to as the "Company") held the 19th meeting of the 8th Board of Directors on March 11, 2026, and the 2026 First Extraordinary General Meeting of Shareholders on March 31, 2026. The proposal "Proposal on Using Idle Own Funds for Wealth Management" was deliberated and approved. It was agreed that the Company and its subsidiaries would use idle own funds not exceeding RMB 30,000 million for wealth management. Under the premise of controllable risk, the goal is to maximize the returns for the Company and its subsidiaries. The investment period is valid for 12 months from the date of approval by the Company's shareholders' meeting. The "Announcement on Using Idle Own Funds for Wealth Management" can be found on the designated information disclosure media of the Company: China Securities Journal, Securities Times, Securities Daily, Shanghai Securities News, and the Juchao Information Network (http://www.cninfo.com.cn).

Recently, the Company purchased principal-protected structured deposit products from China Huaxia Bank Co., Ltd. (hereinafter referred to as "Huaxia Bank") and Bank of Ningbo Co., Ltd. (hereinafter referred to as "Bank of Ningbo"). The specific details are as follows:

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